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What's New with 529 Plans

What’s New with 529 Plans?

Posted on: April 4, 2023
A type of education savings account called a 529 plan is just one of several tools families can use to prepare for the growing costs of higher education. While these plans can be beneficial for almost anyone since they let funds saved for education compound on a tax-free basis provided they're used for eligible education expenses, individuals who live in states with special tax breaks for contributions tend to fare the best.
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classroom, lecture hall, college-1699745.jpg

how much should i gift to save for college?

Posted on: April 27, 2021
We recently covered an example to get you thinking about how much you should save each month for retirement. With Federal tax laws in flux with the new administration, it is important to strategically plan your gifting. Saving for college presents a unique opportunity to execute a gifting strategy that will benefit both you and […]
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