For families on that long road to college savings, prepaid tuition plans may be a good investment, allowing account holders to essentially pay the college tu…
Posts Tagged ‘Plans’
I have a 24 foot 1984 funtoon and would like to build a crankup trailer for it. I at one time had plans for the trailer, but they have been lost. Any help appreciated.
I would like to start a college fund for my two months grandchild. We’d been reading about the 529 plans and?
others. But still not sure where to start. Any suggestions?
We live in Texas.
My kid just turned 1 and I’d to start a college fund but I’m not sure which one to go with. Which plans do you think is best?
So if I have 30,000 dollars locked in for four year university plan that i locked in 16 years ago. What does that mean? I only have 30,000 for my dayghter’s college? Or what!
I have two 529 plans….one is for my 9 year old and one is for my 5 year old….I am losing money in these plans….are there any other low risk alternatives?
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Do these plans have tax breaks? Thanks.
Are there any federal tax implications if one takes out the original non qualified contribution to a 529 plan? That is, for example, if one contributes an after taxed amount of $2000; can one withdraw up to $2,000 without having to incur any tax implications or penalties? I know if you take out the earning portion you will be subject to tax implications inclucing a 10% federal tax penalty.
You can take the money out of a roth for college penalty free, and if the kid gets a full scholarship you don’t suffer penalties of the 529.
Also, I’ve heard 529′s have limited investments.
Also, I’ve heard that 529′s have annual maintenance fees – which a ROTH account in brokerage does not.