enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

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

   www.aol.com/finance/grandparent-loophole-putting...

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

   www.aol.com/finance/bill-allows-unused-529...

   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 ...

4. Grandparents and Advisors Need to Know About These 529, FAFSA ...

   www.aol.com/finance/grandparents-advisors-know...

   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 ...

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

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

   Tax and financial aid benefits. The 529 plan can offer several tax and financial aid benefits to participants: ... grandparent-owned accounts hurt a student’s financial aid capacity even more ...

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

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

   A 529 plan is a tax-advantaged savings plan designed to help parents or grandparents cover the costs of their child’s or grandchild’s education. Named after Section 529 of the Internal Revenue ...

7. The new FAFSA: What you need to know to get financial ... - AOL

   www.aol.com/news/fafsa-know-financial-aid...

   The FAFSA determines eligibility for federal Pell Grants and federal student loans – and in most cases, the financial aid provided by colleges as well, though some require students to submit an ...

8. What to Know About the 529 Grandparent Loophole

   www.aol.com/finance/know-529-grandparent...

   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 ...

9. Worried About Excess Funds in a 529 Plan? This Rule Could ...

   www.aol.com/worried-excess-funds-529-plan...

   Unused funds in a 529 plan can now be used to jump-start a child's ... A 529 plan allows parents, grandparents, guardians, or other loved ones to put money into a tax-advantaged account to invest ...