A 529 college savings plan can be flexible as situations change
A 529 college savings plan is flexible and the account owner can make changes to investments and beneficiaries over time.
Category: College Savings
Back to school: Time to spend or save?
Families will spend record levels as their children head back to school this year. But the school season may also be a time to focus on saving.
More colleges offer tuition deals for out-of-state students
Some families that once felt that they had no control over college costs, are finding that many colleges offer tuition deals.
Four reasons to convert a custodial account to a 529 plan
There are several reasons why parents decide to liquidate a custodial account and use the assets to fund a 529 college savings plan.
Tax reform enhances college savings plans
The Tax Cuts and Jobs Act resulted in the largest overhaul to the tax system in 30 years, including some key changes to 529 college savings plans.
Planning considerations for college-bound high school students and their parents
While college may seem a distant goal for a high school freshman, there are many things students and parents need to do during high school to prepare.
Understanding the paths to securing college financial aid
College financial aid plays a critical role for many families paying tuition and some colleges and universities require two types of aid applications.
Next steps when the first college bill is due
Many parents sending children to college for the first time may need help with financial advice and maximizing their 529 plan when the college bill is due.
Families with 529 college plans garner more savings
While more families choose a general savings account to save for college, those using 529 college plans are saving more, according to Sallie Mae.
Three ways that tax reform strengthens ABLE accounts
Recent tax reform resulted in changes that allow families to save more in ABLE Accounts for the care of a child with disabilities.