Exchange-traded funds (ETFs) and mutual funds are both baskets of individual stocks, bonds, and other securities that provide investors with an easy way to invest and create a diversified portfolio. While they are more similar than not, there are key differences that may lead investors to select one over the other. The purpose of this Brief is to explain the similarities and differences so you can decide for yourself how to choose between these two common fund structures.
529 Plan Updates from SECURE Act 2.0
Congress passed the SECURE Act 2.0 on December 23, 2022 as part of the Consolidated Appropriations Act of 2023. This piece of legislation is a