I have an IRA that I opened after I closed out an old 401(k) but now I would like to use that money to open some 529 accounts for my kids. Can I convert the IRA to a 529 or will I have to pay a big tax penalty for cashing out first?
this is a traditional IRA and NOT a Roth IRA
Posts Tagged ‘savings’
Can I convert an IRA account to a 529 college savings account without tax penalty?
13
May
Does money in a 529 savings account or 529 cd’s have to be claimed on the FAFSA?
08
Mar
My daughter has several 529 cd’s and a 529 savings account for the cd’s that have matured that are for college tuition. These are in my name with my daughter as beneficiary. Do these need to claimed on the FAFSA and where would it go on the form.
Tax-free 529 College Savings Plans, June 2,2012
09
Feb
This communication is strictly intended for individuals residing in the states of AK,AL,AZ,CA,CO,FL,HI,IA,IL,IN,ME,MI,MN,MT,NC,NV,NY,OR,PA,SD,TX,VA,WI. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services. Securities offered through Commonwealth Financial Network®. Member www.FINRA.org and www.SIPC.org. Fixed insurance products and services offered by 360 Financial are separate and unrelated to Commonwealth. 360 Financial, 11100 Wayzata Blvd., Suite 360, Minnetonka, MN 55305. 952.542.8900. www.360financial.net
GradSave college savings profile takes under 2 minutes
21
Sep
Learn how to open a child’s college savings registry in less than 2 minutes and get started saving for college. Because it is never too early. GradSave helps friends and family contribute directly to a child’s college savings plan, in lieu of other trinkets, at birthdays and holidays. Start saving today.
Comparing savings with UGMA versus 529
26
Jun
A 529 college savings plan offers flexibility and other advantages over some custodial accounts.
529 College Savings Plans.wmv
17
Jun
Everything you wanted to know about 529 College Savings Plans. See this ebook review from www.activelifeebooks.com
College Savings Roundtable – 4 of 6
18
May
Part 4 of our November 18, 2010 College Savings Roundtable Webinar, featuring Maureen O’Brien (Ohio Tuition Trust Authority), Christopher Magan (Dayton Daily News), Ed Ferko (Vanguard, Education Savings Group), Ann Marie Gruber (Ohio Association of Student Financial Aid Administrators) and Amy Cribbs (AmyinOhio.com).
What type of savings or investment plan would you use for?
16
May
1.Buying a car
2.Going on vacation
3.Paying for college expenses
4.Paying for your child’s college education
5.Buying college textbooks
6.Buying a new computer
7.Putting a down payment on a home
529 savings plan for different states?
06
May
If I participate in a 529 plan in NY, but my daughter goes to another state for college. Can I still use the money to pay for her education?