Some states also have age or grade limits for beneficiaries at the time of enrollment.” Once you open a 529 plan, you become what’s called the “donor” or “saver,” for the beneficiary.
Individual states offer 529 plans. Below you’ll find a searchable map where you can find details for each state’s plan, along with its rating from our data partner, Savingforcollege.com.
While the Bloomwell 529 Education Savings plan doesn’t have state residency requirements, it’s likely a better choice for Nebraska residents as opposed to residents of other states.
You can also use a 529 plan to pay for graduate school, trade school, and, in some states, even K-12 private education. Anyone can open a 529 plan and name a beneficiary. Typically, it’s the ...
State Treasurer Roby Smith announced Tuesday that the state's ISave 529 and the IAdvisor 529 Plan reached a combined $7 billion in assets. “Being a long-time 529 investor, I always knew the ...
The top 529 plans may also give you a tax break on your state income tax return. Opening a 529 plan early can reduce future out-of-pocket expenses. But not all 529 plans are built the same.
529 plans are one of the best ways to save for your child's college education. These state-sponsored investment accounts offer tax-free earnings and withdrawals that can be used for tuition ...
There were about $464 billion in 529 college savings plans as of August, up from $441 billion at the end of 2023, according to Morningstar. In total, there were 11 states whose 529 plans were ...
Fortunately, 529 plans—the state-sponsored college savings vehicles that resemble education-focused Roth IRAs—have been getting a lot better, according to the latest annual ranking from ...
Harrisburg, — Pennsylvania Treasurer Stacy Garrity recently announced that families saving with the PA 529 Guaranteed Savings Plan (GSP) may be eligible for up to $100 in matching contributions.