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A 529 plan, also called a Qualified Tuition Program, [ 1] is a tax-advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary. In 2017, K–12 public, private, and religious school tuition were included as qualified expenses for 529 plans along with post ...
Jenny Johnson (businesswoman) Jennifer Morrow Johnson (born 1964) is an American business executive who is the current president and chief executive officer (CEO) of Franklin Templeton Investments, a company founded in 1947 by her grandfather, Rupert H. Johnson Sr. In 2023, Johnson ranked 61st in the Forbes list of World's 100 Most Powerful ...
A 529 plan allows a participant to set up a tax-advantaged account to allow a beneficiary to use the funds for qualified education expenses. The participant deposits after-tax money in the account.
Franklin Resources, Inc. [ 1] Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in ...
Here are five of the top 529 plans: Ohio’s 529 plan, CollegeAdvantage. New York’s 529 plan, Direct Plan. Wisconsin’s 529 plan, Edvest. West Virginia’s plan, Smart 529 WV Direct College ...
The 529 plan must have been opened for at least 15 years before a conversion. Any money converted to a Roth IRA cannot exceed contributions and earnings on them in the five years prior to the ...
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Clarion Partners, LLC. Clarion Partners ("Clarion") is an American real estate investment firm headquartered in New York City. The firm is the real estate asset management platform of Franklin Templeton Investments. [6] In 2022, IREI ranked Clarion as the eighth largest real estate investment manager in North America based on assets under ...
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