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  2. The ‘grandparent loophole’ is putting much-needed money back ...

    www.aol.com/finance/grandparent-loophole-putting...

    Previously, distributions from a grandparent-owned 529 plan had to be reported as untaxed student income, which could reduce financial aid eligibility by as much as 50% of the withdrawal amount ...

  3. What to Know About the 529 Grandparent Loophole

    www.aol.com/finance/know-529-grandparent...

    Continue reading → The post How the 529 Grandparent Loophole Works appeared first on SmartAsset Blog. A 529 plan can be a powerful way to save for college, offering tax-free growth and other tax ...

  4. What is a 529 plan and how is it used? - AOL

    www.aol.com/finance/529-plan-used-175045824.html

    529 plans can be a great way to save for education expenses on a tax-free basis. ... grandparent-owned accounts hurt a student’s financial aid capacity even more, though the rules changed for ...

  5. 529 plan - Wikipedia

    en.wikipedia.org/wiki/529_plan

    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 ...

  6. Coverdell education savings account - Wikipedia

    en.wikipedia.org/wiki/Coverdell_education...

    A Coverdell education savings account (also known as an education savings account, a Coverdell ESA, a Coverdell account, or just an ESA, and formerly known as an education individual retirement account), is a tax advantaged investment account in the U.S. designed to encourage savings to cover future education expenses (elementary, secondary, or college), such as tuition, books, and uniforms ...

  7. Larry Fink - Wikipedia

    en.wikipedia.org/wiki/Larry_Fink

    Larry Fink. Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. He is a co-founder, chairman and CEO of BlackRock, an American multinational investment management corporation. [ 1]

  8. 529 Plan Tips for Grandparents to Save for College

    www.aol.com/news/tips-grandparents-using-529...

    Grandparents looking to contribute funds to cover their grandchild's college costs often turn to a 529 plan, a type of account that provides tax benefits for education savings. But grandparents ...

  9. New bill allows unused 529 college funds to become a ...

    www.aol.com/finance/bill-allows-unused-529...

    Nestled in the $1.7 trillion spending bill passed last week is a nugget of good news for Americans with unused funds in their 529 plans that help families save for college. Section 126 of the bill ...

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