The individual with a college savings plan is someone who might otherwise be investing in taxable funds for their child's college education and they'd like to be able to put that money in a tax-advantaged savings account.
More Quotes from Joseph Hurley:
I recommend that 529 account owners take care to withdraw 529 funds in the same calendar year as the payment of college expenses. Otherwise the taxpayer assumes the risk of IRS challenge by trying to tie this year's withdrawals to prior-year or future-year payments of qualifying expenses.Joseph Hurley
That has become a significant issue to worry about in many families, since that custodian account is owned by the child,
Joseph Hurley
You don't have two 18-year-old kids go into a hotel and have a baby without medical training and say he's innocent. He did something wrong, but we're not sure what he did wrong.
Joseph Hurley
This is a remarkable development for families with children,
Joseph Hurley
They were really the model for the savings plans we see today.
Joseph Hurley
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Based on Topics: College Quotes, Education Quotes, Planning QuotesBased on Keywords: tax-advantaged, taxable
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Every adolescent has that dream every century has that dream every revolutionary has that dream, to destroy the family.
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I always saw myself as a multi media artist.
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