| Learning Library Quick Answers Investment Planning |
Answer: The return might be better in the custodial account. If the account generated $2,000 income, the first $1,000 is tax-free,....
Answer: The best way is to funnel the funds to the parents andhave them pay for the expenses. In many cases it will either go to t....
Answer: 529s may be taxable when other education tax incentives are involved (American Opportunity or Lifetime Learning credits, t....
Scenario: A 529 is owned by a grandmother and the granddaughter is the beneficiary. Question: Assuming the 529 distribution goes d....
Answer: Any person can create a College Savings Plan for any other person or for the benefit of themselves, including a trust. As ....