・529 plans are the leading way to save for college, but there are alternatives such as UGMA/UTMA accounts and Roth IRAs. ・Each option carries distinct advantages and drawbacks, particularly when it ...
Since their creation in 1996, 529 college savings plans have become a popular vehicle to help parents save money to help pay for their children’s ever-increasing higher education costs. Assets in 529 ...
HUNTSVILLE, Ala. (WAFF) - When saving for a child’s future, most people consider college funds, like 529 plans. But what if you want to give your child a broader financial foundation? Custodial ...
Our families didn't pay for my and my husband's college. We have five kids, from 13 to 4, and we know we can't fully pay for their college. Instead of going with 529 plans, we went with UTMA custodial ...
While 529 plans offer tax-advantaged growth and withdrawals for qualified education expenses, they also come with restrictions that may not suit every family’s needs. There are several alternatives to ...
Dear Liz: After the pandemic started, we received money from the federal government and decided to put it in a custodial account for our son, starting when he was 14. We invested the money in a ...