News & Analysis as of

Tuition 529 Plans

Morgan Lewis

Recommending 529 Plans: Meeting Reg. BI’s Care Obligation

Morgan Lewis on

529 Plans are state-sponsored investment programs that facilitate savings for qualified education expenses, including tuition, fees, room and board, and other education-related expenses. Unlike retirement accounts that...more

Warner Norcross + Judd

Coordinate Saving for College with Your Estate Planning

Warner Norcross + Judd on

During our estate planning discussions, parents and grandparents often tell us about their hopes and dreams for the next generations of their families. Helping children and grandchildren achieve their full potential often...more

Adler Pollock & Sheehan P.C.

Family Education Trusts: Leave a Lasting Legacy For Your Heirs

Providing for the educational needs of your children, grandchildren and even future generations is an honorable estate planning objective. What are your options for achieving this goal? A 529 plan can be a highly effective...more

Obermayer Rebmann Maxwell & Hippel LLP

Qualified State Tuition Plans

If you are a parent or grandparent planning to contribute towards the education of a child or grandchild, a qualified state tuition plan is a tool to get the most out of your contributions. All states have established some...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Planning for College: Is a 529 Plan Right for You?

If you have children one of the things that you have likely thought about is how are you going to afford to send your child to college. The cost of attending college continues to rise, and as we continue to hear horror...more

Rivkin Radler LLP

Certain College Refunds Must Be Handled with Care

Rivkin Radler LLP on

Colleges and universities across the country have closed in response to the COVID-19 crisis. Some have announced that they will provide pro-rated refunds for certain expenses. If your college-age child received a refund for...more

Dentons

Federal Law Changes Permit More Uses of 529 Plan Accounts

Dentons on

Included in the federal Further Consolidated Appropriations Act 2020 signed by the president on December 20, 2019, is the SECURE (Setting Every Community Up for Retirement Enhancement) Act (the “Act”), a law expanding the...more

Lathrop GPM

Estate Planning Newsletter - Spring/Summer Edition

Lathrop GPM on

For many students, this time of year signals the end of their high school careers and the beginning of the transition to college. With that transition, students and their families must address difficult issues, including how...more

Bowditch & Dewey

Tax Cuts and Jobs Act Effect on ABLE Accounts and 529 Funds

Bowditch & Dewey on

Based on changes implemented by the Tax Cuts and Jobs Act, this is an update on a previous post written by Eileen Y. Lee Breger in May 2017, “Families Can Use a Tax-Advantaged ABLE Account to Save for Disability Expenses.” ...more

Burr & Forman

Tax Cuts and Jobs Act – 529 Plan Changes for South Carolina

Burr & Forman on

The new federal tax law, known as The Tax Cuts and Jobs Act, that was approved by Congress and signed into law at the end of 2017, creates a benefit for individuals paying tuition for children in private or religious schools...more

Eversheds Sutherland (US) LLP

Tax Reform Bill – Changes to Section 529 Qualified Tuition Programs and Section 529A Qualified ABLE Programs

On December 22, 2017, the President signed into law the bill formerly known as the Tax Cuts and Jobs Act (the Final Bill). This alert summarizes the principal provisions affecting Section 529 Qualified Tuition Programs and...more

Dechert LLP

Proposed Tax Legislation - Highlights for Investment Funds

Dechert LLP on

The final version of the proposed Tax Cuts and Jobs Act (the “Act”) was released on December 15, 2017. This legislation, unless amended again, is expected to be voted on this week in the U.S. House of Representatives and the...more

Morrison & Foerster LLP - JOBS Act

Prepaid College Tuition Programs Deemed Eligible for QIB and Accredited Investor Status

On January 12, 2016, the Securities and Exchange Commission’s Division of Corporation Finance (the “Division”) granted no-action relief to the College Savings Plan Network (“CSPN”), an affiliate of the National Association of...more

Gerald Nowotny - Law Office of Gerald R....

Junior Goes to College! Innovative Strategies to Save for Your Children's College Education with Pre-Tax Dollars

Overview - The cost of college tuition has gone through the roof. The average cost of a private university can range from $40,000-60,000 per year. The cost of a public university is a lot less in most cases except that...more

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