I want to set aside money for my child for post-secondary education expenses, but my husband and I didn’t want to assume he’ll go to college. I’m Canadian, so there could be a chance my son will go to college there, meaning the 529 plan wouldn’t get the tax advantages […]

A 529 savings plan is a state-sponsored, tax-advantaged account to save and invest for education. Each state sponsors its own 529 savings plan, and you aren’t restricted by state: You can put your money in the one that best suits your needs. If you save too much in a 529, […]

Nearly 30% of American families are now saving for college using 529 saving plans, according to a Sallie Mae report. The money in a 529 grows completely tax-free and can be withdrawn tax-free at any point, so long as it’s used to cover college tuition, fees, books, and supplies. The […]

Attending college is a cornerstone of the...

For the first time since 2013, American parents...