5 Big Changes to Roth Accounts in Secure Act 2.0
The Secure Act 2.0 was signed into law December 29th, 2022, bringing more major changes to tax law. Among the most notable changes include a
Category: 529 Plans
Are You Saving Too Much For Your Kids’ College?
With the average cost of college nearing $33,000 per year, few parents have concerns about saving too much for their kids’ college. But that doesn’t
Should You Start Saving for College Before You Have Kids?
Couples with strong cash flows may be eager to start planning for the future. With extra cash laying around, some investors may decide to start
Parents Can Now Use 529 Plans to Pay for Private School, But Should They?
Updated for 2023. Should you use a 529 plan to pay for private school? The 2017 tax reform legislation included sweeping changes to our tax
Complete Guide to Saving For College with a 529 Plan: Part Two
Section 2: Understanding 529 Plans: Key Terminology Understanding the terminology is a key component to developing a college savings and investment plan. The terms are defined
Complete Guide to Saving For College with a 529 Plan: Part One
Qualified tuition programs (also called QTPs and 529 plans) are actually quite straightforward by themselves. Plans typically offer simple investment choices such an age-based asset
Complete Guide to Saving For College with a 529 Plan: Part Five
Section 5: Common 529 Mistakes It is difficult to execute a “perfect” college planning strategy as there are often so many unknowns. However, it is
Complete Guide to Saving For College with a 529 Plan: Part Four
Section 4: Strategies to Save for College Even high-income families are concerned about paying for college. Even if funding isn’t a big issue, what is the
Give the Gift of College: Starting a 529 Plan
Whether celebrating the arrival of a new nephew or a granddaughter’s first birthday, relatives (and friends) are often looking for meaningful gifts for their loved