You can transfer funds from a 529 plan to an ABLE account, up to the ABLE annual contribution limit of $19,000, without ...

529 funds must be converted by paying the amount directly to a Roth IRA — you can’t pay yourself and then deposit the money into the Roth IRA later. You can contribute to a Roth IRA only if you have ...

Tax experts are urging Congress to shut down an arcane IRS reporting requirement that could make the savings vehicles too ...

Financial advisors get these 529 plan questions from clients planning for college costs, from ownership transfers to Roth ...

Billionaires Michael and Susan Dell recently shook up the political and parenting worlds by pledging $6.25 billion (1) to ...

Direct & BlackRock Advisor Plans Receive Silver Ratings in Morningstar’s 2025 Medalist Report COLUMBUS, Ohio, December 23, ...

A new way to save for children will become available next year as a result of tax legislation passed last summer.

Key Points ・529 plans are no longer just for college degrees. New federal rules allow 529 plan withdrawals for credentialing, ...

Parents, grandparents, and other interested adults can give financial gifts to children to help secure their future. Learn ...

A pair of major contributions from business titans recently is part of a strategy to pump money into the new savings plans for children.

Trump accounts are new savings plans for children backed by the US government. They start with $1,000 and grow like an IRA ...