Advisors’ top 529 questions, answered
Many families think about college savings during the month of May and seek to learn more about 529 plans.
Destination: Blog
Reasons why a grandparent-owned 529 plan may make sense
Grandparents may want to explore funding a 529 plan for their grandchildren. Here are some considerations such as the impact on estate plans and student aid.
Decision made: Why 529 plans are a popular choice for education savings
For families saving for college, 529 plans remain popular. Here are some key facts about 529 plans.
IRS allowing heirs to skip RMDs in 2024
Heirs with inherited retirement accounts can skip taking RMDs this year without penalty under IRS guidance.
Consider a reset of college savings with a 529 plan
Considering the broader tax benefits, 529 plans may be a more tax-efficient way to save for college than custodial accounts.
Consider tax planning beyond the filing season
With tax season over, some taxpayers may want to forget about taxes until next year but there may be advantages to focusing on taxes beyond the filing season.
Harnessing the power of step-up in cost basis
For those looking to efficiently transfer wealth, here are some considerations and strategies when planning for step-up in cost basis.
Deciding how to pass wealth to heirs
Potential changes in estate and gift tax laws are causing some individuals to review plans and choose how to pass wealth to beneficiaries.
Consider the options before taking action on company stock
For individuals considering a distribution or rollover it is important to understand the options around company stock in a retirement plan.
Taxes in retirement may surprise retirees
Individuals saving for retirement may overlook state taxes which can mean a larger tax bill in retirement than expected.