What other type of program allows you to invest over $100,000 in a professionally-managed tax-deferred account for each child without regard to age or income level? Where else does your state offer significant benefits for investing, including tax deductions, income exemption, and even scholarship money. What other mechanism allows estates by hundreds of thousands of dollars without gift tax, and without giving up control of the assets?
The answer is that no other IRS-approved program provides the combination of benefits that a Section 529 state-sponsored college savings plan does. Investing for future college expenses will never be the same again. And forget what you may have heard about these plans. You are not limited to the plan in your own state, and you do not have to send your child to an in-state college. You can even set up an account for yourself!
In THE BEST WAY TO SAVE FOR COLLEGE - A Complete Guide to Section 529 Plans, Joseph F. Hurley, CPA describes how 529 Plans work: the tax rules, planning strategies, impact on college financial aid. He compares them to other alternatives such as the Education IRA, savings bonds, and mutual funds. And he describes each state's plan, including its best and worst features. The various state plans are not created equal. Learn which ones to use and which ones to stay away from.
You've heard about them. Now it's time to learn about them. Whether you are a professional planner, a college financial aid officer, or a careful investor, you need to have all the facts.
"synopsis" may belong to another edition of this title.
Mr. Hurley has been active in writing and lecturing on the topic of saving for college with Section 529 Plans. He was the only nongovernmental speaker to present comments at hearings in Washington on the IRS's proposed regulations under Section 529. He has published articles in the Journal of Accountancy and InvestmentNews and has been quoted in newspapers and magazines around the country including USA Today, The Wall Street Journal, The Boston Globe, The Philadelphia Inquirer, Kiplinger's Personal Finance Magazine, The San Jose Mercury News, and others.
Mr. Hurley is tax partner with Bonadio & Co., LLP in Pittsford, New York. With over 20 years of experience, he has counseled thousands of business owners, individual investors, and charitable organizations. He is a 1978 graduate of Williams College.
"About this title" may belong to another edition of this title.
Shipping:
US$ 3.50
Within U.S.A.
Book Description Paperback. Condition: new. New. Seller Inventory # Wizard0967032237
Book Description Paperback. Condition: new. New Copy. Customer Service Guaranteed. Seller Inventory # think0967032237
Book Description Condition: new. Seller Inventory # FrontCover0967032237
Book Description Condition: New. New. In shrink wrap. Looks like an interesting title! 0.65. Seller Inventory # Q-0967032237