529 plans

Despite changes in the new law aimed at scrapping a penalty for most new couples, those from high-income households may owe more this year.

FINRA Rule 3210 typically requires permission for brokerage accounts.

The regulator and one of its largest members, LPL Financial, engaged in a back-and-forth on the controversial initiative.

Grandchildren won't be able to have their own accounts until they are earning their own income, but they can be named beneficiaries.

Those who fail to meet the cutoff face a penalty equivalent to 50% of their required minimum distribution.

The regulator is looking into whether brokers made appropriate share class recommendations for the plans as a result of the new law.

Those who fail to repay their loans on time may face early withdrawal penalties.

A new FINRA initiative to root out breaches of supervisory rules on 529 plans provoked criticism from the IBD advocacy group.

Workers should urge their employers to offer this savings option in their 401(k) plans to save for emergency and unforeseen expenses.

A small proportion of parents are investing in the program for their children, however new analysis suggests that may be changing.

Startup entrepreneur sees an opportunity to simplify savings plans and financial giving for children, and hook their parents into wealth management in the process.

Tax overhaul has scrapped taxes on a child's excess unearned income at the same rate as their parents.

Why these are more inviting under the new tax law.

Clients preparing for a life-altering event — such as marriage, divorce or a new baby — are advised to start getting their paperwork in order.

Use these best practices to maximize savings for clients' kids — from birth to college graduation.

Why these are more inviting under the new tax law.

Clients could amass $1,000,000 even with an annual return of just 6.5%, an analyst says, if they take the right steps.

Failing to monitor reinvested dividends could boost their tax bills.

Almost all young investors polled by Schwab expect the funds to be their primary investment vehicle in the future.

Underlying strategies make them more tax-efficient than actively managed mutual funds, an expert says.