While a handful of states require you to be a resident to use their 529 plans, most do not. However, you may receive extra benefits in your home state’s plan, so it’s wise to compare your ...

Now, families that save money for college using what are commonly known as 529 college savings plans (named after Section 529 of the Internal Revenue Code) can apply some of those savings to pay t ...

A 529 plan is a tax-advantaged account that lets parents invest in their child's education expenses. While each state manages its own plans, most states also allow out-of-state residents to ...

Learn more about it. A 529 plan or a custodial account, such as an UTMA or UGMA account, are excellent ways to save money for college expenses for a minor beneficiary. All three can be a good fit ...