Salary, Scholarships and Finances
529 sunsets eliminated
August 7, 2006
From the newswires: Legislation has removed the sunset clauses for 529 savings plans, making them a now-permanent fixture of the college savings landscape. If you’re a parent who has been looking at savings options for college and have been hesitant about 529 plans because they might become taxable in 2011, your worries are over – 529 plans and their tax benefits are now permanent. (or will be very shortly)
Covered in today’s Financial Aid Podcast.