College Funds (529 Plan)
Guide
Common Mistakes In 529 Plans
Congratulations! You have saved for your child's education using a state 529 plan and built up a decent nest egg to send him or her off to c...
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Q&A
Asked by Dennis
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
Interesting question, however, the use of 529
plan assets - tax-free - are narrowly defined
and financing costs are not one of them. For
example, you cannot use 529 p...
Q&A
Asked by Mary
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
Hi -
The annual gift tax exclusion allows you
to give $14,000 per year to any one person
without filing a gift tax return. A married
couple who "join" in the gift ca...
Guide
A New Approach to College Savings
Written by Winnie Sun, Financial AdviserPRO+ in Irvine, CA
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Q&A
Asked by Martha
Answered by Winnie Sun, Financial AdviserPRO+ in Irvine, CA
Hi Martha,
Thanks for the question. In order
to utilize 529 funds for higher education
purposes, the IRS does want to make sure that
you are attending school at least...
Q&A
Asked by Edna
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
Hi -
1) He can use the funds for graduate
school or 2) you can transfer the account to
another family member - including yourself -
for college. Lastly, you can ca...
Guide
Superfunding Your 529 Plan
Written by Dan Crimmins, Financial Adviser in Woodcliff Lake, NJ
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Guide
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