Jonathan Sparling, vice president of strategic partnerships at CollegeWell, explains how 529 plans work and what happens if a ...

New rules allow 529 plan funds to pay for eligible career training, certifications, licensing fees and continuing education ...

COLUMBUS, Ohio — Megan Garbe’s daughter may only be in second grade, but she is already thinking ahead to the day her child heads off to college. Like many parents concerned about the soaring price of ...

529 education savings plans are getting a major upgrade under President Trump’s massive tax bill, particularly for parents looking to stash away cash for K-12 expenses. First, a quick overview: 529 ...

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 ...

State 529 accounts let you invest money for educational purposes and the balance grows tax-free. Withdrawals are tax-free as well as long as they're used to pay for pre-school, high school or college.

Forbes contributors publish independent expert analyses and insights. I write about investing, retirement, & workplace savings plans. When most people hear “529 plan,” they immediately think of ...

A 529 savings plan can be a powerful tool when saving for future education expenses because investments in the plan can increase tax-free, but many savers don’t take full advantage of the benefits ...