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Some parents want more flexibility for college savings, but they need to be aware of the impact on financial aid.
In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions related to 529 plans.
With a prepaid tuition plan, the beneficiary can typically only use funds for tuition. The primary goal with a 529 plan is to save as much as possible for your beneficiary's college fund.
The impact of 529 assets on a beneficiary’s financial aid package depends on who owns the account. As outlined above, if the ...
Indiana Treasurer Daniel Elliott announced Thursday the Indiana529 Faces of 529 Day Contest to celebrate National College ...
A 529 college 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 ...