Fortunately, two types of savings accounts may help fund a child’s education: 529 plans and Coverdell Education Savings Accounts (ESAs). Profit and prosper with the best of expert advice on ...

There are benefits to saving for retirement in a 529 plan. Because these plans impose penalties for non-educational withdrawals, you may want to limit how much money you put into one. Brokerage ...

Little-noticed provisions in the massive tax-and-spending bill that the House of Representatives passed in May would greatly expand tax-free withdrawals from 529 accounts, as the popular plans are ...

Here's a look at other stories impacting the financial advisor business. For parents worried about their 529 account's recent performance, Mary Morris, CEO of Commonwealth Savers, advises ...

A tax-advantaged 529 plan can be a powerful way to save for education thanks to tax-deferred growth and tax-free withdrawals. Jennifer Hollers, LPL Financial senior vice president and head of high ...

For those with tuition bills now coming due, there are a few key considerations before tapping those accounts. "With a little planning, making withdrawals can be something to celebrate, not just ...

You can use a 529 plan for study abroad, but only at schools eligible for Title IV federal student aid. Qualified expenses include tuition, fees, book and room and board — but not travel ...

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.

May 29 is fast approaching, and, of course, that's 5/29 Day, an excuse to talk about 529 plans such as South Carolina's own Future Scholar. The 529 plans are mostly run by states, and South ...

I am a 79-year-old grandfather of three grandchildren. We are thinking of setting up 529 accounts for each grandchild, who are now in the 8th, 9th and 11th grades. Should I do so now? My wife and ...