Post Profile

What can you spend your 529 savings on?

529 plans offer families a huge incentive to pay for college, since earnings in the account grow tax-free and are generally not taxed when funds are withdrawn. But in order to realize the full potential of these benefits, assets from a 529 plan must be used to pay qualified higher [...]
read more


Related Posts

Year-end tax tip for Iowans: fund your College Savings Iowa plan

Business & Finance / Taxes : Roth & Company Blog

All Section 529 plans offer federal tax benefits: the tax-free buildup of investment earnings on money put away for college,...

7 Times It's Okay to Raid Your 529 Plan

Business & Finance / Personal Finance : Wise Bread

A 529 plan is a great way to save for college. Money can grow tax-free if it's used for qualified education expenses, and many states offer great tax deductions on contributions. Generally speaking, it's best to avoid tapping into y...

The Tax Benefits of College 529 Savings Plans, Compared by State

Lifestyle / Productivity : Lifehacker

Saving for college in a 529 plan offers state tax benefits and other perks—but they vary widely by state. When deciding on a 529 plan, you should consider the potential tax benefits as well as the investment options and fees for any...

Understanding 529 College Savings Plans

Business & Finance : Huffington Post: Business Blog

College savings plans -- known as 529 plans for the section of the tax code that created them -- have become the best and most popular way to save money for a child's or grandchild's education. All the money in the account grows tax...

The Hidden Pitfalls of 529 College Savings Plans

Business & Finance / Personal Finance : Time: Business

The year-end push to contribute to a 529 state college savings plan is in full force. Such contributions reduce your federal and often your state tax burden in the year they are made; earnings grow free of federal and most state inc...


Copyright © 2016 Regator, LLC