Related Posts: Part II: High Income Earners and the Math of 529 Contributions Is Overfunding 529s Really so Terrible? More than 50,000 visitors in 2021… click here to sign up for our newsletter and never miss a post! (Don’t worry, we will not take up too much space in your inbox. After four fun introductory [...]
We made the case in this earlier post that Section 529 College Savings Plans present a huge tax saving opportunity for high income parents but that most fail to exploit the opportunity. Based on experience and observation, we cited five reasons that parents and grandparents fail to maximize the potential benefits. Two of those reasons [...]
The House of Representatives passed a bill on May 23rd known as the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019) which would initiate the biggest changes to retirement accounts in over a decade. The bill had bipartisan support, passing with a vote of 417-3. It now heads to the Senate [...]
