Contributions to a Roth IRA can be withdrawn penalty-free to open a 529 plan. 529 plans allow contributions to grow tax-free and provide tax-free distributions for qualified education expenses.

President Donald Trump has only been in office a few days, but he hit the ground running. He's already made good on some of ...

Expecting a sizable income tax refund? You have choices about how to use that money. ISU Extension's Barb Wollan offers these suggestions.

New tax policies and investment rules could shake up retirement planning. How to prepare now for potential changes.

With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...

Learn how to create a personalized drawdown strategy that maximizes your retirement income while minimizing your tax burden.

Everyone needs to save for retirement. Be sure you're not making any of these mistakes that will cost you later in life.

Thrift savings plans (TSPs) are retirement accounts for federal and uniformed services employees. Like 401(k)s, these plans let you contribute pre- or after-tax dollars. But, unlike many 401(k ...

Understand options for inherited Roth 401(k)s, including rollovers and IRS rules. Tax-free growth strategies for mass ...

A 529 savings account is designed to help you save toward your child's future education expenses. By opening a 529 plan, you may be able to reduce future out-of-pocket costs and get a tax break on ...