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Can both parents be listed as account holders on a 529 account?
Yes, both parents can be listed as account holders on a 529 account.
Can I open a 529 account for my nephew?
Yes, you can open a 529 account for your nephew to save for his education expenses.
Can I open a 529 account for my niece?
Yes, you can open a 529 account for your niece to save for her education expenses.
Can you open a 529 account for your niece?
Yes, you can open a 529 account for your niece to save for her education expenses in the future.
Why would someone need a 529 account?
A 529 account is a good idea for someone who is saving for college for their child. This option is a good choice because there are tax benefits to this type of account.
Can both parents be listed as account holders on a 529 account?
Yes, both parents can be listed as account holders on a 529 account.
What is a 529 account used for in the US?
A 529 account is an account that is used in the United States for people who are saving for higher education expenses. Check out their official website, 529, for more information.
Can I open a 529 account for my nephew?
Yes, you can open a 529 account for your nephew to save for his education expenses.
Can I open a 529 account for my niece?
Yes, you can open a 529 account for your niece to save for her education expenses.
Can you open a 529 account for your niece?
Yes, you can open a 529 account for your niece to save for her education expenses in the future.
Can a 529 Plan be transfered to the Coverdell Education Saving account?
If you move money from a 529 account into a Coverdell Education Savings Account, you pay taxes and a penalty. It is only tax free if you move money FROM a Coverdell ESA to a 529 plan.
Why would someone need a 529 account?
A 529 account is a good idea for someone who is saving for college for their child. This option is a good choice because there are tax benefits to this type of account.
Who maintains control over 529 plan?
The account holder
Who maintain control over the 529 plan?
The account holder
Will the IRS allow me to use my 529 trust account to cover off campus housing or groceries?
Will the IRS allow me to use my 529 trust account to cover off campus housing or groceries
Where does the funds that are left over in a 529 account after all college expenses have been paid go to?
account holder
What happens to my credit card if I close my bank account?
If you close your bank account, your credit card account will typically remain open and unaffected. However, you will still be responsible for making payments on your credit card balance as usual.
