There’s no way to directly transfer IRA funds to a 529 plan, but in some cases, you can use IRA funds for education expenses.

However, school choices are limited, and you can only use the funds to cover your child’s tuition and fees. Prepaid tuition ...

Rather than open a 529, it might be best to take money from the IRA and use it to pay for qualified higher education expenses. This move won’t trigger a penalty, though you’ll have to pay ...

Because of their many potential benefits, 529 plans can be helpful for families when it comes to estate planning.

Can You Use a 529 Plan for Summer Classes? This question is about 529 plan qualifying expenses. Yes, 529 plans can be used ...

Dual enrollment allows you to earn college credit while you’re still in high school. Doing so can help you save money on the ...

Here are five foundational tax savings strategies that could help you save $20,000 on your taxes going forward.

One common concern is oversaving. You can use 529 funds to cover only qualified education expenses without incurring a tax penalty, but it can be hard to pinpoint how much money you actually need. To ...

U.S. Sen. Ted Cruz, R-Texas, has introduced the Student Empowerment Act to expand a tax-deferred education savings plan previously expanded under the first Trump administration.

While you can’t avoid paying taxes altogether, there are several strategies that can help you lower your taxable income, maximize deductions, and take advantage of tax-deferred growth.

Another option is to withdraw into your bank or brokerage account, from which you can pay for qualified expenses. 529 plans FAQs It indicates an expandable section or menu, or sometimes previous ...

Withdrawals from a 529 are also tax-free as long as they're used for qualified educational expenses. There's more good news when it comes to choosing a 529 college savings account: You're not ...