Basically, 529 plans provide a tax-advantaged way to save for college and other education expenses. But can you separate myth from fact when it comes to the details? Test yourself with this 10-question quiz.
The limit on deductions for state income taxes and property taxes costs some taxpayers tens of thousands.
They may sound similar, but there are important distinctions between a health savings account (HSA) and a flexible spending account (FSA). Here's what you need to know.