The purpose of a 529 plan is straightforward at first glance: to provide families with a tax-advantaged account for future education expenses. But not all education costs are eligible. How Can I Use ...

OBBBA expands 529 plans, letting families use funds for tutoring and test fees, increasing flexibility in education spending.

After years of saving for your child's education in an NC 529 Account and choosing the investment options that best fit your budget and goals, you're excited to see your hard work pay off. So, before ...

The recent budget legislation passed by Congress expands the playing field for 529 college savings accounts to cover a ...

Even though 529 plans have been around for decades, did you know the types of expenses you can use them for have recently been expanded? Let’s take a look at which 529 plan expenses have become ...

Dear Liz: We are tapping our child’s 529 college savings plan for the first time and are confused on what qualifies as a “qualified higher education expense.” Obviously tuition counts, but what about ...

“My Mom bought groceries for our son when she visited him on campus last week,” a parent asked me recently, “Can we take a withdrawal from our 529 plan to pay her back?” 529 plans are tax-advantaged ...

If you have a 529 plan — a tax-exempt education savings account — you may already be tapping it this school year or considering tapping it soon. In the process, you’ll want to examine your long-term ...

The goal of 529 plans is to make it easier to save for college. These tax-advantaged investment accounts allow you to save ...

Education tax credits include the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Tax Credit (LLTC). These credits can make college more affordable, but there are income restrictions.

While many people don't have an extra $9,000 to spare, leaving the funds in the 529 account might make the most sense if you ...