529 education savings accounts, used by 17 million Americans with over half a trillion dollars in assets, are expanding beyond traditional college expenses. Recent legislation allows these accounts to cover K-12 tuition, registered apprenticeships, and credentialing programs, all with tax-free growth and withdrawals for qualified expenses. Contributions can be frontloaded and unused funds can be rolled over to other beneficiaries or even into Roth IRAs, making 529 plans a versatile tool for education and retirement savings. Advisors encourage early planning to maximize tax advantages and combat rising education costs.
U.S. bank lending to shadow banks, including private credit and hedge funds, surged to $1.47 trillion by early 2026, a 2,518% increase since 2010. This growth far outpaces traditional lending categories like mortgages and small business loans, which ...
BacTech Environmental Corporation announced that Crystal Research Associates has published its first quarterly research update following a detailed overview issued earlier this year. This update provides investors with fresh insights into BacTech's g...
Bank of America announced it will continue its Community Homeownership Commitment program after successfully providing over $15 billion in affordable home loans and $600 million in grants to more than 57,000 homebuyers since 2019. The program offers ...
