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2. 529 plan - Wikipedia

   en.wikipedia.org/wiki/529_plan

   The earnings portion of money withdrawn from a 529 plan that is not spent on eligible expenses (or rolled over into an ABLE account for any eligible family member) is subject to income tax, an additional 10% federal tax penalty, and the possibility of a recapture of any state tax deductions or credits taken. For example, if $50,000 is ...

3. What is a 529 plan and how is it used? - AOL

   www.aol.com/finance/529-plan-used-175045824.html

   A 529 plan allows a participant to set up a tax-advantaged account to allow a beneficiary to use the funds for qualified education expenses. The participant deposits after-tax money in the account.

4. What Is a 529 Plan? Everything You Need to Know - AOL

   www.aol.com/529-college-savings-plans-worth...

   You can use funds from your 529 plan to pay for qualified education expenses at eligible institutions nationwide. Withdrawals for qualified expenses are tax-free, but non-qualified withdrawals are ...

5. Are 529 College Savings Plans Tax Deductible?

   www.aol.com/529-college-savings-plans-tax...

   Tax Benefits of 529 Plans. Beneficiaries reap the largest tax benefits of 529 plans. The money contributed on their behalf grows tax-free. And as long as they use the money for qualified education ...

6. Why Unused 529 Plan Funds Might No Longer Be a Concern With ...

   www.aol.com/why-unused-529-plan-funds-070000800.html

   The 529 plan must be open for at least 15 years before attempting the 529-to-Roth rollover. And funds deposited in the last five years and their associated interest are not eligible for this transfer.

7. Employer transportation benefits in the United States

   en.wikipedia.org/wiki/Employer_transportation...

   Qualified transportation fringes - used in tax legislation to refer to benefits for transit, vanpool, and qualified parking expenses. Tax-free - with reference to commuter benefits, generally refers to an amount that—for tax purposes—is excludable from gross income. Can be either a fringe benefit (in addition to compensation) or pretax (in ...

8. 6 Ways You Can Use 529 Plans for College Expenses, And 1 Way ...

   www.aol.com/6-ways-529-plans-college-092900650.html

   Here are six ways you can use 529 plans for college-related expenses: 1. Tuition and fees. ... 529 account holders are only eligible for tax and penalty-free IRA rollovers if they've had a 529 ...

9. How to pick the best 529 plan - AOL

   www.aol.com/finance/pick-best-529-plan-173608708...

   That law also permits 529 plans to be used for qualified apprenticeship expenses. Bottom line A 529 college savings plan offers one of the best vehicles to save for a child’s educational costs ...