While similar to the best custodial brokerage accounts, 529 college savings accounts have their own rules, contribution limits, and tax advantages. Make sure to thoroughly compare the top-rated ...

For grandparents looking to help fund a grandchild’s college education, there are several ways to save and invest. Choosing ...

Once the 529 plan account balance reaches the limit ... Changes in the laws concerning 529 plans are unlikely, since abuse of the rules is rare, but there are several risks associated with ...

Some people are shifting their investment strategies as the stock market sours on President Trump, despite advice to maintain ...

If you're looking to set aside money for your children or grandchildren, two great options to consider are 529 Plans and UTMA ...

“There are 529 plans and Coverdell Education Savings Accounts for tax-favored funding of future education ... For 2024, you can contribute up to $7,000 or $8,000 if you’re 50 or older. As per IRS ...

But it sounds like you didn’t give your nieces a series of house rules to help provide some ... you can put your cash in a high-yield savings account, keep it liquid, and come out ahead.

Best investment accounts for kids Teen-owned brokerage ... up to $35,000. Note that rules vary from state to state. Although 529 contributions are not federally tax deductible, if you choose ...

A case brought by ASIC against AustralianSuper sets out how and why profit-to-member fund trustees are treated differently ...

Don’t leave money on the table when you prepare your 2024 income taxes. We’re here to help you claim all the expenses you can ...