President Trump’s massive tax bill, particularly for parents looking to stash away cash for K-12 expenses. First, a quick ...

President Trump’s massive tax bill, particularly for parents looking to stash away cash for K-12 expenses. First, a quick overview: 529 plans allow anyone — not just parents — to set aside money in an ...

The “big, beautiful bill” aims to expand qualified expenses for 529 plans to include SAT fees, trade school tuition and vocational certificates.

College-savings accounts currently hold about $500 billion, and savers may soon be able to use these funds for much more than ...

These tax-advantaged savings methods are designed to help you contribute after-tax dollars for qualified tax-free withdrawals. Plus, you may even use some funds in a 529 plan for retirement.

A 529 plan is a tax-advantaged savings account that’s designed to help families cover education-related costs. The earnings grow tax-free, and they remain that way as long as withdrawals are ...

While technically you can tap your 529 plan for whatever amount you want, only withdrawals made for 'qualified education expenses' will avoid taxes. These expenses include costs such as "tuition, fees ...

Once viewed narrowly as college savings tools, 529 plans have significantly evolved through a series of legislative changes. They are now among the most flexible and tax-efficient financial tools ...

Home Taxes Tax Law Homeschoolers Could Soon Save on Expenses With 529 Plans A new House GOP bill could change how you save for your child's homeschool education. Find out how.

529 Federal Tax Break Federal tax benefits for 529 plans are straightforward: Investments grow tax-free, and withdrawals for qualified education expenses are exempt from capital gains taxes.

A 529 plan is a great way to enjoy some tax advantages while you save up for college. But after all that hard work saving, you want to make sure you are smart about tapping those funds. Sticking ...