Posts Tagged ‘529 plan’
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How To Use 529 Plans To Leverage A Wealth Transfer
The 2017 Tax Act improved 529 plans, adding provisions that allow plan balances to be used to pay K-12 tuition. Prior to 2018, 529 funds could only be used to post-secondary educational expenses. Here are some new wealth transfer strategies that 529 plans can now fulfill. Intro to 529 plans First, a couple of basics…
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