The most important strategy for saving for children's college funds is to set up an automatic savings plan as soon as ...

One nice thing about Roth IRAs, as opposed to traditional IRAs, is that you're not forced to take required minimum ...

As a new mom, planning for my daughter’s future is top of mind. Before opening a savings or brokerage account, I asked ...

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or ...

Parents can contribute up to $5,000 per year per kid into a Trump Account. This figure will be indexed to inflation starting ...

Shannon Liu Shair started 529s for each of her two kids when they were born and both accounts have grown to $100,000.

A 529 savings plan can be used to pay for your child's education, but it can also be used to fund their retirement.

Question: “I want to save more money on my taxes. My wife and I have W2 incomes, no kids and no dependents. I have invested in a 401(k), HSA and Roth IRA. What other ways can we save on taxes ...

Dave Ramsey, a renowned personal finance expert, has shared his views on the prioritization of 401(k) plans over college ...

Explore the best investment accounts for kids in 2025—from 529 plans to custodial Roth IRAs. Learn about tax benefits, control options, and strategies to grow wealth for your child.

A Roth IRA can be a great way to save for retirement, as the accounts have no required minimum distributions and you can withdraw the money tax-free.