Standout benefits: If your child assigned to the 529 plan doesn't end up needing the funds for college, you have options you can transfer the plan to another child, a grandchild or use it for your ...

Understand the drawbacks of 529 plans, such as penalties and financial aid impact, and discover flexible alternatives.

If you have an education savings account and a kid heading to college, you may be afraid to look at the balance.

Through the BabySteps Savings Plan, you can receive a $50 reward toward your U.Fund account if your child is born or adopted in Massachusetts (on or after January 1, 2020). Oregon College Savings ...

Opening a Roth IRA for your child can be especially beneficial ... and the flexibility to use funds for major life expenses, such as college or a first home, it’s a great financial tool for ...

Another option is to transfer the 529 plan to a younger child ... Parents with kids headed to college this year who have been vigilant about the performance of funds in their plans need not ...