A 529 account can be a great tool for saving for college. Investment growth is tax-free, and so are the withdrawals (if used for qualifying education expenses). In many parts of the country, state income tax deductions are available for…Read More
A 529 account is an excellent vehicle to save money for kids’ education. The contributions grow tax-free, and withdrawals from the account are tax exempt as long as they are used for qualified educational purposes. A list of qualified educational…Read More
Parents often have questions about the best ways to help their kids develop wise money habits. Common questions relate to when and how to start teenagers down the path of responsible credit card use. Teens under 18 cannot open a…Read More
