A 529 plan is a tax-advantaged investment vehicle in the United States designed
to encourage .... educational expenses is subject to income tax and an additional
10% early-distribution penalty on th...
Jul 31, 2013 ... The Kellers aren't the only ones getting an early start. ... "Some parents open a
529 plan before the baby is born in their own name and transfer ...
State-subsidized 529 College Savings Plans are one of the best savings
accounts you'll ever open. Contribute just a few dollars each week and by the
time your ...
Aug 28, 2015 ... 529 account owners should lock in their tax benefit by taking the maximum ... to
college soon, it's time to start considering 529 withdrawal strategies. ... the likely
result is a $4,000 non-qualified distribution from the 529 plan.
Oct 9, 2013 ... Start your 529 account yesterday. ... Advice to young adults: It's never too early to
start saving for your kids' college costs. Start ... Withdrawals from a 529 plan are
free of income tax so long as the proceeds are used on higher ...
+ Who can open a 529 plan account? Any U.S. citizen or resident alien of legal
age can open an account. There are no age restrictions on beneficiaries — an ...
Money in a Bright Start College Savings account is withdrawn tax free for
qualified expenses. See our 529 plan rules for specifics about an Illinois account.
Jul 22, 2013 ... 529 plans are not emergency funds, so withdrawing early to pay for ... And since
you can open a 529 plan even if you don't have a child yet ...
Oct 28, 2014 ... Starting a 529 plan could help you finance your child's college education. Check
out the pros and cons of these state education savings plans.
Geared specifically for parents who think long-term and start early, college
savings plans lets your money grow over many years. But remember, like all ...