As the cost of education continues to rise, parents are searching for ways to save for their children's college expenses. A 529 plan is an education savings plan that allows you to save for qualified education expenses. It allows contributions to grow tax-free and offers tax-free withdrawals when used for qualified expenses. Fidelity offers commission-free trading, automated advice, investment research, and other wealth-building products. Start investing today.
As the stock and bond markets have wobbled, 529 plans have taken a tumble. There's no one-size-fits-all answer, but you have options. Fidelity's 529 investment options offer a range of choices to help you meet your college savings goals.
Fidelity's 529 investment options include age-based portfolios, which automatically adjust the mix of investments based on the age of the beneficiary, as well as static portfolios, which allow you to choose a fixed mix of investments. You can also choose from a range of individual funds, including equity funds, bond funds, and money market funds.
Welcome to Select's newest advice column, Getting Your Money Right. Financial advisor Kristin O'Keeffe Merrick will be answering your questions about personal finance, investing, and more. In this column, Merrick answers a question about the best way to save for college. She recommends a 529 plan and highlights the benefits of Fidelity's 529 investment options.
For most parents looking for a way to save for their child's college education, a 529 college savings plan is a wise choice. That's because the money you contribute grows tax-free and can be withdrawn tax-free when used for qualified education expenses. Fidelity's 529 investment options offer a range of choices to help you meet your college savings goals.
You can choose any 529 plan, not just the one from your home state. We picked the best plans for college savings based on performance, low fees, and other factors. Fidelity's 529 investment options are among the best in the nation, with low fees and strong performance.
Fidelity recently launched new 529 blend portfolios, which provide a mix of active and index funds. These portfolios are designed to offer a balance of risk and return and may be a good option for investors who want a diversified portfolio without the hassle of managing individual funds.
Capital Group and Fidelity round out the top three 529 plan managers, according to a recent survey by Morningstar. Fidelity's 529 investment options are recognized for their strong performance, low fees, and range of investment choices.
A 529 plan offers a tax-advantaged way to save for your child's college and, depending on where you live, might have some additional tax benefits. Fidelity's 529 investment options offer a range of choices to help you meet your college savings goals. With commission-free trading, automated advice, investment research, and other wealth-building products, Fidelity is a wise choice for college savings.