Graduation season is upon us. And while this time brings excitement at watching your child move on to the next stage of their ...

Here are ten important steps to take once your child’s 529 account reaches this milestone. Assess Current Investments: ...

MTF, 2024 NY Slip OP 24312 (Sup. Ct., Nassau Cty. 12/9/2024), which addresses the “novel issue” of “how to classify a 529 account under the Automatic Orders” and “whether or not a party ...

The average 529 account balance was $30,295. Could your family take advantage of the tax savings of a 529? This quick guide should help you understand the basics of 529 plans and answer your ...

529 plans are one of the best ways to save for your child's college education. These state-sponsored investment accounts offer tax-free earnings and withdrawals that can be used for tuition ...

A 529 savings account is designed to help you save toward your child's future education expenses. By opening a 529 plan, you may be able to reduce future out-of-pocket costs and get a tax break on ...

Then you can use the funds to open a 529 account, tax-free and penalty-free. However, if you’re younger than 59 ½ and your Roth IRA hasn’t been open for at least five years, you may have to ...

This same issue exists even if you’re the account owner for separate 529 plans you’ve established for each of your dependent children. You’ll have to include the value of all of these ...

But don’t think the 529 rollover is a loophole to save extra for retirement; there are rules that limit the conversions. Here’s what you should consider when converting your 529 funds to a ...

The team at Waterville’s Golden Pond Wealth Management advises clients who wish to help their family’s younger generations.

Your options depend on the type of IRA you ... Then you can use the funds to open a 529 account, tax-free and penalty-free.