Parents have the opportunity to build funds for their child’s education through savings vehicles like a 529 plan or a custodial account. Both of these options allow adults to store away money that ...
Opening a 529 college savings account can be a smart move if you’d like to save for college on a tax-advantaged basis. One thing to consider when opening a 529 plan is whether it should be a custodial ...
Most parents and grandparents I talk to have a desire to provide for the next generation. Many immediately ask about a 529 plan, but there are several other common account types that can be used to ...
If you have young children (or grandchildren), you may be thinking of ways to save for their future educational needs. You might consider a 529 plan, which offers tax advantages and other benefits.
Shannon Liu Shair and her husband started saving for college for their children when they were born. She puts money into 529 plans and custodial Roth IRAs for both of them. The 529 plans have around ...
Forget the baby wipes warmer and the organic onesies. Today’s parents-to-be are reconsidering the traditional baby registry items and instead asking friends and family to donate to their baby’s ...
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