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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...

    The new rules also allow for the use of 529 plan distributions in apprenticeship programs. ... While parents are the most likely to contribute to a child’s 529 plan, other family members can ...

  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. Illinois Department of Healthcare and Family Services

    en.wikipedia.org/wiki/Illinois_Department_of...

    The Illinois Department of Healthcare and Family Services (HFS), formerly the Department of Public Aid, [1] is the code department [2] [3] of the Illinois state government that is responsible for providing healthcare coverage for adults and children who qualify for Medicaid, and for providing child support services to help ensure that Illinois children receive financial support from both parents.

  6. Are 529 College Savings Plans Tax Deductible?

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

    Illinois. Maximum deduction of $10,000 ($20,000 for married joint filers) per year ... The 529-plan-to-Roth-IRA rules say that you have to have had the 529 account for at least 15 years, and you ...

  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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