It’s not too early to start saving for college
May 29, 2025
Raising a family brings financial challenges, especially for education. Starting early with a 529 plan can help save for college. Here are some considerations for early college planning.
Category: College Savings
529 plans: Not just for college
529 plans offer tax-free savings for a variety of education expenses, including K-12 tuition, vocational training and apprenticeships. Consider these trends in 529 savings plans.
A 529 plan can be an effective component of an estate plan
529 plans provide tax benefits, estate planning advantages, and flexible education savings. Learn how 529 plans can be part of an estate planning strategy.
Early planning can mean smooth sailing for tax season
Prepare for 2024 taxes by organizing forms, documenting charitable contributions, maximizing retirement savings and reporting rental income. Advance preparation can make the tax filing process smoother.
Navigating financial aid: New FAFSA rules and tips for families
Recent changes to the FAFSA form and process include a simpler form, fewer questions and a revised eligibility formula.
Consider packing a legal safety net before students leave for college
College students may want to secure legal documents to ensure their parents can access important information and help them in medical emergencies.
College-bound high school juniors and seniors focus on a strong finish
The last two years of high school can be particularly important as students approach the final college decision.
Kick off your college planning during the first two years of high school
Families may want to prepare a comprehensive plan for college, including actions to take during high school, and consider how a 529 plan can guide savings.
Advisors’ top 529 questions, answered
Many families think about college savings during the month of May and seek to learn more about 529 plans.
Consider a reset of college savings with a 529 plan
Considering the broader tax benefits, 529 plans may be a more tax-efficient way to save for college than custodial accounts.
What’s in store for SECURE 2.0 this year
The SECURE 2.0 Act, signed into law in late 2022, was a follow-up to the original SECURE Act passed in 2019. The bill included more than 90 different provisions scheduled to be phased in over several years.