Professional Articles

Explore the benefits of SECURE 2.0's 529 account to Roth IRA transfer provision, and understand eligibility and optimal approaches.

We know about the importance of choosing a college our clients can afford – but what happens when the most affordable path doesn't align with your client’s goals?

With Secure 2.0, the federal government has changed some important rules, including the ability to rollover a 529 plan to a Roth IRA. Here's what to know.

Many borrowers are turning to a financial advisor for help with managing their student loan debt. Learn how you can add value to your clients.

Federal tax benefits of 529 plans include tax-deferred investment growth, tax-free distributions for qualified education expenses and tax-free 529 plan rollovers. However, some states do not fully conform with the federal laws regarding qualified tuition programs.

With an age-based 529 plan, risk is automatically reduced at specific age or years-until-enrollment intervals, from equities to fixed income securities to money market type portfolios. But some clients aren't satisfied with the amount of equity exposure in age-based portfolios. Here's what you can recommend.

Is your client's home state's 529 plan always the best option? It depends, since each state has different 529 program parameters relative to potential state tax deductions or credits offered, if one is offered at all. Learn how to evaluate the options to find the best 529 for your clients.

The Kiddie Tax applies to income a child ear. 529 savings plans have been replacing UGMA/UTMA accounts, because savings grow tax-deferred, and can be withdrawn tax-free when to pay for qualified education expenses, avoiding the Kiddie Tax entirely.

When asked why they aren't saving for college in a 529 plan, clients will typically give one of these 10 excuses. Here are some ways financial advisors can address their concerns and stress the importance of planning for future education costs.