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  2. 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. ... and each has a 529 plan with $36500, they ...

  3. Top 9 benefits of 529 education savings plans - AOL

    www.aol.com/finance/top-9-benefits-529-education...

    Tax-free growth for education. A 529 plan gives you a tax-advantaged way to save for education. ... The new rules also allow for the use of 529 plan distributions in apprenticeship programs ...

  4. 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.

  5. 529 plan contribution limits for 2024: What college savers ...

    www.aol.com/finance/529-plan-contribution-limits...

    A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged ...

  6. What to Know About the 529 Grandparent Loophole

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

    A 529 plan can be a powerful way to save for college, offering tax-free growth and other tax benefits. These accounts are so powerful, in fact, that many grandparents choose to open them for their ...

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

    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 ...

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