A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged ...

Although 529 savings plan contributions aren't deductible on your federal income tax return, they can be deducted on state income tax returns in many cases. Plus, 529 savings plan contributions ...

The states with the highest 529 plan contribution limits allow as much as $575,000 to be saved for a single beneficiary’s education. Depending on the type of school your child or loved one ...

Some states offer deductions for 529 plan contributions up to certain limits. 529 plan contributions and qualified withdrawals are tax-free. If you pay state income taxes, you’ll need to report ...

Several tax breaks can help you cover the high costs of education, future college expenses and interest you pay on student ...

529 college savings plans are run by the states, and each state can set its own contribution limit. There aren’t per-year contribution limits, but high contributions could have gift tax ...

All of the limits having to do with 529 savings plan contributions are aggregate, or lifetime contribution limits. There's no ...

529 college savings plans are operated by the states, which means that each state can set its own aggregate contribution limit. In simple terms, this is the maximum total amount of money that can ...