A 529 college savings plan can be a powerful savings tool for future education expenses, as investments in the plan increase tax-free. While state tax benefits should be the first consideration for ...
Americans have amassed $525.1 billion for educational expenses in 529 plans as of December 2024, according to the Education Data Initiative. That amounts to around an average of nearly $31,000 for the ...
As a parent, you may have high hopes that your child will somehow earn a full-ride scholarship to the college of their dreams. But realistically, that's pretty rare. Only about 7% of college students ...
Morningstar's study of this growing area of asset management suggests that 529 plan quality is rising, despite the research ...
CHICAGO, Nov. 12, 2025 /PRNewswire/ -- Illinois State Treasurer Michael Frerichs announced today that Illinois' Bright Start 529 College Savings Plan has earned its 7th Gold rating from independent ...
Planning for your child’s education can feel overwhelming, but a 529 education savings plan offers a powerful way to build a financial foundation for their educational future. One in four parents ...
Learn how to make 529 plan contributions as a gift, understand the gift tax rules, and explore how to contribute efficiently toward a loved one’s education.