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 ...

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.

A 529 plan is a tax-advantaged education savings plan that can be opened by anyone, subject to the rules in the state where it’s issued. However, it is typically opened by a par ...

Olivia’s maternal grandfather died when she was a teenager, and it wasn’t until then that she learned of the 529 plan. The grandfather named Olivia’s aunt as the successor owner of the plan, since he ...

College costs are rising faster than most family budgets, which is why turning a cash gift into a dedicated education fund ...

Deciding what gift to give a child for holidays, birthdays, graduations and other gift-giving occasions can be challenging.

Much like the way 401(k) plans revolutionized retirement savings decades ago, 529 savings plans have transformed how families ...

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.

Adam Palasciano is a writer over three years of experience writing about personal finance, investing, student loans, and more, for outlets like GOBankingRates, FinanceBuzz, The Penny Hoarder, and Wall ...