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While technically you can tap your 529 plan for whatever amount you want, only withdrawals made for 'qualified education ...
Most of the attention placed on college-savings plans focuses on the benefits of investing for tax-free growth before the college years. Less attention is devoted to making withdrawals from these ...
The 529 college savings plan is one of the best ways to ... So it’s critical that you follow the rules, especially around withdrawals. But the rules have changed in the last few years, expanding ...
However, sometimes you may need to access your savings earlier than expected. Withdrawing money from your savings account is relatively straightforward, but the process depends on your bank’s ...
With the S&P 500 whipsawing in 2025, recent market volatility comes at a particularly bad time for college savers. For some parents, their 529 account balances took a hit just as tuition payments are ...
Consumer Reports explains how a 529 college savings plan can help and what to keep in mind before withdrawing the funds. A 529 plan is one of the best ways that you can save for college.
"You can withdraw the money at any time for any ... The difference between this and the 529 college savings plan is that it allows account holders to purchase credits or "units" at participating ...
However, withdrawals not used for qualified education ... the penalty may be waived. Opening a 529 college savings account ...
Many plans limit the circumstances in which you can withdraw money early, and doing so could result in a large tax bill and reduce the amount of savings you have available for retirement.