How do UGMA/UTMA accounts affect financial aid eligibility compared to 529 plans? What are the potential drawbacks of using a 529 plan for K-12 education?
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what is a 529 Informational
- How can I avoid non-qualified withdrawals from my 529 plan? How do 529 plans interact with other college savings incentives?
- Are the expenses associated with online learning considered qualified higher education expenses?
- Does the tuition waiver reduce the amount that can be withdrawn tax-free from a 529 plan?
- Can I manage all aspects of my 529 plan online? What are the tax reporting requirements for 529 plans?
- How are 529 plan withdrawals coordinated with partial scholarships? What are the rules for using 529 plan funds for expenses related to a student's enrollment in a dual degree program?
- Do I need to be related to the beneficiary to open a 529 plan? What are the contribution limits for 529 plans?
- Could withdrawals for K-12 expenses impact state tax benefits for higher education savings?
- Are employer contributions to 529 plans tax-deductible?
- How are 529 plan withdrawals coordinated with tuition waivers? What are the rules for using 529 plan funds for expenses related to a student's enrollment in a ROTC program?
- Are 529 plan contributions tax-deductible?
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