If you have children under 18, you now have three tax-advantaged places to put money for them, and one of them didn’t exist a year ago. Trump Accounts opened for business on July 4, 2026. For children born between 2025 and 2028, the Treasury will put $1,000 into one —
For years, grandparents were often told to be careful about using a 529 plan to pay for a grandchild’s college education. The problem was not the 529 itself; it was how the FAFSA treated distributions from a grandparent-owned account. Under the old FAFSA rules, a grandparent could save diligently for
Two Very Different Answers to the Same Question Back-to-school season has a way of making college feel closer, and September is a fitting month to think it through, because it is also when Texas opens enrollment for its prepaid tuition plan. Texas offers both kinds of 529 plans, and they
TThree out of five DFW business owners I talk to on a regular basis are on track to go broke by 2030. Not because of AI.Not because they drink too much coffee. Because they don’t understand how to allocate their money. And the frustrating part is these aren’t failing business
Saving for your child’s education is one of the most thoughtful financial gifts you can give. A 529 plan offers real advantages — tax-free growth, tax-free withdrawals for qualified education expenses, and in many states, a deduction on your state income taxes. It’s a powerful tool. At a Glance Before
Most advisors talk about trusts when estate taxes come up. Very few talk about 529 plans. And yet, one properly structured 529 strategy saved our client over $1 million in estate taxes — while still allowing them to retain control of the assets. This case study shows how educational planning
The leaves are changing, the weather is cooling down, and football is finally back—there’s always a lot happening in fall. But wait, there’s more! September is also National College Savings Month, a time to celebrate the power of investing in education and securing a brighter future for our children and