Benefits Of Education Planning
- Post-secondary tuition (including technical, trade school, vocational programs)
- On-campus housing (100% qualified). Off-campus subject to estimate budget.
- Required technology items (laptop, software, internet, etc.)
- Transition to photo #3 after a couple of seconds.
- Your investment into her education will ultimately impact many lives.
- Books and supplies
- Student loan repayment (up to $10,000)
Getting started is easy. The first step is to let us know how we can help you. Just fill out the simple contact form below and we will be in touch with you right away – or just call us at 480-699-5540.
Benefits Of Education Planning
- Post-secondary tuition (including technical, trade school, vocational programs)
- On-campus housing (100% qualified). Off-campus subject to estimate budget.
- Required technology items (laptop, software, internet, etc.)
- Transition to photo #3 after a couple of seconds.
- Your investment into her education will ultimately impact many lives.
- Books and supplies
- Student loan repayment (up to $10,000)
Getting started is easy. The first step is to let us know how we can help you. Just fill out the simple contact form below and we will be in touch with you right away – or just call us at 480-699-5540.
Benefits Of Education Planning
- Post-secondary tuition (including technical, trade school, vocational programs)
- On-campus housing (100% qualified). Off-campus subject to estimate budget.
- Required technology items (laptop, software, internet, etc.)
- Transition to photo #3 after a couple of seconds.
- Your investment into her education will ultimately impact many lives.
- Books and supplies
- Student loan repayment (up to $10,000)
Getting started is easy. The first step is to let us know how we can help you. Just fill out the simple contact form below and we will be in touch with you right away – or just call us at 480-699-5540.
Features Of A 529 College Savings Plan
The 529 College Savings Plan allows you to make annual contributions up to the annual gifting exclusion limit (currently $15,000) per student. If you feel inclined to make a large contribution all at once then the one-time limit is five years’ worth of contributions ($75,000). The funds inside the 529 Plan account can be invested in mutual funds. There is no tax on the growth or dividends while the funds are inside the 529 Plan account.
Limits On Tax-Free Treatment
To prevent abuse of this generous tax benefit, the IRS places limits on how much can be withdrawn free of tax. Each educational institution publishes a list of the estimated cost of attending their school. The IRS allows the withdrawals from the 529 Plan account to be counted as tax-free withdrawals as long as your actual educational costs do not exceed the amount published by the institution.
Excess Funds
If your student does not use all of the funds in the 529 Plan account, you can withdraw the excess For example, here is a recent total cost estimate provided by Arizona State University. Withdrawals that exceed the cost limits will be subject to normal income tax.
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