If you started contributing to a 529 plan some time in 2007, the chances are that the plan is in the RED (with capital losses) due to the recent stock market conditions.
A thought came to my mind — since unqualified distributions from the 529 plan are taxable, is it possible to tax harvest from the […]
Last September, I posted some information about the 529 plans that I am contributing to. The contributions have been on auto-pilot and I did not get the chance to check on the plans until today.
I was pleasantly surprised to learn that the Ohio State’s College Advantage plan has lowered its fees again from May 2007. […]
With the removal of the sunset provisions of the tax-free withdrawal status from 529 college savings accounts, the 529 account is now more attractive than before. In particular, for qualified withdrawals, it functions effectively the same as a Roth account, where contributions are made with after-tax money and all withdrawals are tax-free.
For high income earners […]
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