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A new study finds that while these tax-advantaged savings plans are commonly associated with funding college tuition, many 529 savers may not realize the full range of expenses these plans cover.
Morningstar (MORN) has published its annual analysis of America's best and worst 529 college savings plans. If you have kids -- and higher-education-related hopes for them -- here's what you need ...
What is a 529 plan and how does it work? A 529 plan, also called a qualified tuition plan, is a tax-advantaged savings plan sponsored by states, state agencies or educational institutions.
A 529 plan comes in two broad varieties – a prepaid tuition plan and an education savings plan: A prepaid tuition program allows you to purchase college credits at today’s prices for future use.
A 529 plan is a college savings plan that provides tax advantages when used for qualifying purposes. A 529 plan is something like a Roth IRA or 401 (k) plan designed for educational savings.
The Guaranteed Education Tuition Program, or GET Program, is one of two 529 college savings plans administered by Washington College Savings Plans (WA529). WA529 is part of Washington Student Achievement Council, an agency of the U.S. state of Washington for residents of the state. GET is a 529 prepaid tuition savings plan, while Washington's ...
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