15 Jul If I buy I bonds for my grandchild, will they be tax free?
The ownership of these bonds will affect when interest is tax-free....
14 Jul We took money from losing 529 plans to buy a car. Is it taxable?
The profit in an account is what may be subject to tax....
12 Jul Can 529 plan pay for SAT classes and college consultants?
529 plans can be used to pay for qualified education expenses....
05 Jul College bills are due soon. Which money should we use first?
Different college savings options offer various advantages and drawbacks....
23 Jun Can I use a 529 plan to pay for summer school?
The law expanded what expenses you can pay for with a 529 plan. ...
15 Jun What’s the best way to pay for college for my grandchildren?
Before you pay for college, make sure you have enough for retirement. ...
15 Jun Can I purchase I bonds for my minor grandchild?
You need to take a few extra steps when buying bonds for minors....
08 Jun If Biden forgives student loans, would it be taxable?
Borrowers are hoping some of their loans will be forgiven. ...
03 Jun Can we use our 529 plan to pay for past K-12 tuition?
There are many ways you can use money from a 529 plan for education. ...
25 May We have extra 529 plan money. How is it taxed if I take it out?
You may face tax and penalties on some of the funds....