Dossier
529 account
Coverage of 529 account in the Nexus archive.
- Our 4-year-old son has $100,000 in his 529 account. Should we buy him stocks instead?
A 4-year-old son currently possesses $100,000 in a 529 account. The parent is considering whether purchasing stocks would be a better investment strategy and noted that the son also holds a separate brokerage account with only $500.
- NYC Budget Gives Every Public School Kindergartner $1,000 for College, Restores Education Programs
New York City public school kindergartners will automatically receive $1,000 for college expenses, up from $100, under a budget deal between Mayor Zohran Mamdani and the City Council. The budget also restores education programs like a mental health initiative and a disability support program, while scaling back class size reduction funding.