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2. The ‘grandparent loophole’ is putting much-needed money back ...

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   Previously, distributions from a grandparent-owned 529 plan had to be reported as untaxed student income, which could reduce financial aid eligibility by as much as 50% of the withdrawal amount.

3. My wife and I saved up $73,000 in 529 college savings plans ...

   www.aol.com/finance/wife-saved-73-000-529...

   How a 529 works. These college savings plans offer tax-deferred growth and tax-free withdrawals when used for qualifying expenses, which for post-secondary education include tuition, fees and ...

4. New bill allows unused 529 college funds to become a ...

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   Parent-owned 529 plans count for up to 5.64% of the parent contribution considered by the Free Application for Federal Student Aid (FAFSA), while grandparent-owned 529 plans don’t negatively ...

5. What to Know About the 529 Grandparent Loophole

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   Continue reading → The post How the 529 Grandparent Loophole Works appeared first on SmartAsset Blog. A 529 plan can be a powerful way to save for college, offering tax-free growth and other tax ...

6. Grandparents and Advisors Need to Know About These 529 ... - AOL

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   State and federal tax benefits make a 529 college savings account one of the more strategic ways to save money for college. But savers should be aware: Upcoming changes to the Free Application for ...

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

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   Use those excess college funds to jump-start retirement savings ... that individual would only be able to transfer $5,000 at most from their 529 plan that year. This last rule also means you will ...

8. 5 Common Questions About Spending 529 College Savings Funds

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   Opening a 529 plan allows parents to achieve tax-free college savings for their children. Here are answers to five common questions about how to spend money from 529 college savings plans.

9. Are 529 College Savings Plans Tax Deductible?

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   The average cost of tuition and fees at four-year private colleges and universities has grown from $34,970 for the 1994-1995 school year to $58,600 for 2024-2025, according to CollegeBoard.