Resources -> Education Planning:
Please feel free to click on the Planning Tools below to select information that will be of use to you. Let us know if you would like to discuss any issue in more detail.
529 plans
- 529 Plans vs. Other College Savings Options
- 529 Plans_ The Ins and Outs of Contributions and Withdrawals
- Making Changes to Your 529 Account
- The ABCs of 529 Plans
Determining how much to save for college
Evaluating college savings options
- Advantages and Disadvantages of 529 Plans
- Advantages and Disadvantages of Custodial Accounts for College Savings
- Advantages and Disadvantages of U.S. Savings Bonds for College Savings
- College Savings Vehicles Compared
529 plan basics
- Do 529 plans include both college savings plans and prepaid tuition plans?
- How many states currently have 529 plans?
- Who can legally offer 529 plans?
- Why are these plans referred to as _529_ plans?
529 plans Choosing or changing a beneficiary or account owner
- Can a 529 account have more than one beneficiary?
- Can I change the beneficiary of a 529 account?
- Is there an age limit on who can be a beneficiary of a 529 plan?
- Who can be a beneficiary of a 529 plan?
529 plans Tax issues
- Can I use 529 funds to pay my child's college expenses in the same year I take either the Hope credit or the Lifetime Learning
- How does the annual gift tax exclusion apply to contributions to a 529 plan?
- I know that qualified withdrawals from college savings plans are now exempt from federal income tax. But what about state taxes?
529 plans vs. other ways to save for college
- How does a 529 plan compare with a Coverdell education savings account?
- How does a 529 plan compare with an UGMA_UTMA custodial account in my child's name?
- How does a 529 plan compare with investing in a mutual fund in my name?
- How does a 529 plan compare with using U.S. savings bonds for college expenses?
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Ashworth & Associates, P.C. - 270 Constitution Blvd, Lawrenceville, GA 30046 - (770) 963-6521
Tucker office - 4205 First avenue Suite 100, Tucker, GA 30084 - (770)-938-6168
