As the cost of higher education soars, 529 plans are widely recognized as a powerful hedge against college’s escalating costs. Yet many Americans are unaware of their full potential. A new study ...

Profit and prosper with the best of expert advice - straight to your e-mail. Section 529 plans, named after Section 529 of the Internal Revenue Code, are tax-advantaged accounts that can be used ...

What is a 529 plan? The name 529 comes from a section in the IRS tax code. Section 529 Qualified Tuition Programs are investment accounts administered by each state and intended to be used for ...

Individual states, state agencies and educational institutions sponsor the plans, as authorized by section 529 — hence the name — of the federal Internal Revenue Code. The IRS refers to the ...

The revisions focus on monitoring challenges and independence threats related to an account owner’s financial interest in Sec ...

Some also offer benefits like partial matching contributions. While named for a section of the federal tax code, 529 plans are run by states. Essentially, they're investment accounts that ...

If you are planning to help cover the cost of a child's education someday, opening a 529 plan is often considered one of the best ways to start saving. That's because a 529 college savings plan ...

Grandparents looking to contribute funds to cover their grandchild's college costs often turn to a 529 plan, a type of account that provides tax benefits for education savings. But grandparents ...

Pre-paid tuition or academically-focused investment accounts, such as state-level 529 programs, can often be used for financing your study abroad, but there can be state-specific regulations and ...

PHOENIX, AZ – Arizona Treasurer Kimberly Yee honored 15 Arizona kindergarten through sixth grade students as winners of the ...

529 savings plans may come with a slew of incentives, but depending on where you live, it might be best to look beyond your state's borders. "The benefits of going out of state can be lower fees ...

For a typical family, the tax advantages of a 529 college savings plan outweigh the restrictions on how those funds can be spent, some experts say. In cases where a child doesn't go to college ...