Explore the new Trump accounts designed for children's savings, comparing their benefits against IRAs and 529 plans to ...

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

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

Learn about the contribution and account balance limits on 529 plans and the difference in contribution limits among states.

Once viewed narrowly as college savings tools, 529 plans have significantly evolved through a series of legislative changes. They are now among the most flexible and tax-efficient financial tools ...

COLUMBUS, Ohio — Megan Garbe’s daughter may only be in second grade, but she is already thinking ahead to the day her child heads off to college. Like many parents concerned about the soaring price of ...

Trump accounts offer a new tax-preferred way for families to save money for their kids. Here are the pros and cons.

FILE - This Oct. 24, 2016 file photo shows dollar bills in New York. (AP Photo/Mark Lennihan, File) (Mark Lennihan, Copyright 2017 The Associated Press. All rights ...

State 529 accounts let you invest money for educational purposes and the balance grows tax-free. Withdrawals are tax-free as well as long as they're used to pay for pre-school, high school or college.

Forbes contributors publish independent expert analyses and insights. I share strategies for getting ahead financially and building wealth. University student, woman and outdoor for graduation with ...

When it comes to planning for a child’s education, most people only think of opening a 529 savings plan after the baby arrives. But here's the truth: You can do this even before a child is born—and ...

Since their launch more than 20 years ago, 529 education savings plans have helped students and their families better access higher education through tax-advantaged investing. Moreover, 529 plans have ...