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Maryland Treasurer Dereck E. Davis said he will retroactively apply a 6 percent earnings rate to accounts in the state’s prepaid college savings trust. Maryland 529 suspended earnings on 31,000 ...
An AARP survey found that one in five Americans aged 50+ have nothing saved for retirement, while more than half (61%) worry ...
More than five weeks after taking over the troubled Maryland 529 college tuition savings agency, state Treasurer Dereck Davis said his staff is restoring interest earned under the same rates prepai… ...
3) You have high-interest debt. If you have credit card or other debt with an interest rate of more than 4-6%, you'll probably be better off paying it down before you start investing.
Nearly 500 families Maryland 529 officials say were impacted by an interest calculation issue that began in November 2021 and resulted in many account holders being overpaid interest.
Editor’s note: This is part two of a three-part series about college 529 savings plans. Part one is When Choosing Funds for Your College 529 Plan, Don’t Make This Mistake, and part three is ...
Tax-favored savings accounts known as 529 plans can help families save and invest to pay for college. But until now, the funds could not be used to repay student debt. That changed as part of the ...
Assets held in 529 college savings plans increased 16.7% last year as the largest state plans continued to attract the bulk of the assets. Last year, college savings plan reached an estimated $168.5 ...
Some companies offer 529 perks as rewards. Alliance Data in Columbus, Ohio, added Gift of College gift cards this year to a menu of rewards that employees can choose from when redeeming points ...
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