529 Plans

Posted by on Jan 23, 2015 in Blog | 0 comments

A couple of clients called me recently about comments made by Rush Limbaugh regarding the proposal put forth by President Obama to eliminate the tax break for 529 plans to help pay for his plan to provide free community college to some people. Since many people are not familiar with 529 plans, I thought I would explain something about how they work. 529 plans got their origin from states that set up prepaid tuition programs to help people pay...

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