Obama Proposal to Cut 529 Plan Tax Benefits Meets Opposition
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Asset location matters, but taxable accounts can be the way to go.
Americans now hold $179 billion in 529 college savings plans. But less than a third of Americans actually know what a 529 plan is, according to a recent survey by Edward Jones.
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You can transfer assets between prepaid 529s and 529 college-savings plans, but don't make a habit of it.
College planning would change under president's reforms to education tax code.
We answer reader inquiries about what happens when high schoolers take college courses, whether a transfer of ownership constitutes a gift, and more.
The college savings plans now hold $179 billion, but less than a third of Americans actually know what a 529 plan is, according to a recent survey by Edward Jones.