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Barry Dolowich, Tax Tips: Section 529 plans
Question: We just became grandparents and would like to set up a college fund for our new grandchild. We were recently advised that we could open a “Section 529” plan to safely invest for our ...
Beneficiaries of qualified tuition programs under Section 529 of the Internal Revenue Code (“529 accounts”) will have a new opportunity starting January 1, 2024. Under SECURE Act 2.0 (the “Act”), 529 ...
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529 Day Offers Bonuses To Start Saving For College
・May 29 is recognized nationally as “529 Day,” with states and financial institutions offering bonuses, giveaways, and events to promote college savings. ・More than $525 billion is currently saved in ...
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