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New for 2024—Parents Can Roll Unused 529 Education Funds Into a Roth IRA

Is it the (financial) gift that keeps on giving? ....

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Have Leftover 529 Funds? Expert Strategies for Unused Balances

Excess 529 funds represent both a challenge and an opportunity, and knowing your options is essential. Higher education costs are still on the rise. Tuition inflation at public four-year colleges averaged 12% from 2010 to 2022, according to the Education Data Initiative. With this surge and the resuming of student loan payments this month, it’s no surprise families are looking closely at their 529 plans.Some 529 plan account owners have discovered leftover balances, and determining how to handle ....

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