Tag: 529 plans


Prepaid tuition vs. college savings: Which type of 529 plan is better?

Section 529 plans provide a tax-advantaged way to help pay for college expenses. Here are just a few of the benefits:

Although contributions aren’t deductible for federal purposes, plan assets can grow tax-deferred.
Some states offer tax incentives for contributing in the … Read More »

September 21st

Tax Department, Tax Planning. Comments Off on Prepaid tuition vs. college savings: Which type of 529 plan is better?


529 plans: Saving for college is also good for your estate plan

A 529 plan is a tax-advantaged and flexible education-savings tool. In addition to generous contribution limits and tax-free withdrawals for college expenses, these plans provide unique estate planning benefits for parents and grandparents.

On the plus side . . .
First, even … Read More »

May 5th

Estate Planning Briefs. Comments Off on 529 plans: Saving for college is also good for your estate plan

HOBERMAN & LESSER, LLP