The states with the highest 529 plan contribution limits allow as much as $575,000 to be saved for a single beneficiary’s ...

I’m a huge fan of 529 college savings plans, but perhaps not for the reason you think. You see, I live in a state (Indiana), ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Despite ...

A provision of the SECURE Act 2.0 of 2022 that permits certain assets saved for education to be rolled over into retirement ...

An important part of financial planning for physicians with children can be 529 plans.

In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...

First, 529 plan contributions are generally deductible on state tax returns if you live in a state that has an income tax.

Millennial parents should start thinking about saving up for their own child’s education expenses (even if it’s still more ...

Both the Roth IRA and 529 plan are accounts used to save money for the future, but there is a key difference: Roth IRAs were designed to save money for retirement while 529 plans were created to ...

Say you made saving for your kids’ college education a priority, but then grandma swoops in and pays for everything. What ...

Since January 2024, however, unused funds from a 529 plan can be rolled over into a Roth IRA account tax-free, in essence turning it into a retirement account. A Roth IRA from Charles Schwab ...