College Savings & 529 Plans
Many parents pay for college with a combination of savings and financial aid. Indeed, with the high cost of college today, financial aid might be the only way your child can afford to attend college.
By learning the basics, you’ll be able to understand how the financial aid process works, properly fill out aid applica- tions, and compare the aid awards your child receives.
Financial Aid 101 (print version)
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529 college savings plans are tax-advantaged college savings vehicles and one of the most popular ways to save for college today.
College Savings Plans (print version)
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While 529 plans offer significant advantages for college savings, they are increasingly being used for another purpose – estate planning.
Under special rules unique unto 529 Plans, lump sum contributions to 529 plans can equal up to 5 times the amount of annual gift-tax maximums.
529 Plans and Estate Planning (print version)
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