Some years, we fall behind and I try to make a year-end contribution to get us caught back up again.
You might think that you can't qualify, but many well-paid families are eligible.
For those who do not want to be investors, a fast-track repayment may be best. But for those willing to save and invest, there is a better option.
With careful planning, grandparents can ensure their gifts are not impeding a grandchild's ability to access financial aid.
College savings benchmarks, 529 progress from newborn to age 18. Each year, I share the age-based benchmarks we use to ensure that our 529 college savings is on track to meet our goals.
These noble-sounding goals intuitively appear useful, but the federal government has only two ways to encourage change and neither of them helps in this case.
Unfortunately, Obama's good intentions are thwarted by the economic principle formulated by banker Charles Goodhart.
If you were blessed with the birth of a child recently, you will need to save $430 monthly to pay for in-state college tuition, fees, room and board. Double this rate to cover the full costs at the average private institution.
My youngest is a first-year student at the University of Virginia. My coauthor Matthew's youngest child was born only a month ago. There is no such thing as saving too early.