If you have a 529 college savings plan, or you’re about to open one for a kid or grandkid, the tax code hides a move most families never use: you can drop five years of gift tax exclusions into that ...

The little-known update is assisting families in making the right plans for college, and helping savings go further.

For many families, 529 plans are considered the ideal way to save for education, offering tax-free growth, state tax benefits ...