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  2. 529 plan vs. Roth IRA: Here’s how families can use ... - AOL

    www.aol.com/finance/529-plan-vs-roth-ira...

    While the maximum contribution in each state’s plan may differ, any contributions over the maximum gift tax exclusion – $18,000 for 2024 – could make you liable for gift taxes. In contrast ...

  3. How to open a 529 college savings plan

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    In fact, even the person opening the 529 plan can be its beneficiary. 3. Open the account. Most accounts can be opened online. Once opened, you can deposit funds directly into the account, and ...

  4. 529 plan - Wikipedia

    en.wikipedia.org/wiki/529_plan

    The funds from a 529 plan are used for qualified education expenses. These expenses are typically tuition, fees, textbooks, computers and equipment and are charged to the student in relation to attending an institution defined as any eligible public, non-profit or private college or university, technical, vocational, or trade institutions.

  5. How to use your 529 plan to pay off student loans - AOL

    www.aol.com/finance/529-plan-pay-off-student...

    The act allows the beneficiary of a 529 account to pay off up to a lifetime limit of $10,000 in student loans. The money can be withdrawn and paid to the lender, extinguishing the debt. The act ...

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    AOL is a leading online service provider that offers free email, news, entertainment, and more. With AOL, you can access your email from any device, customize your inbox, and enjoy a secure and reliable email experience. Sign in to AOL today and discover the benefits of AOL Mail.

  7. 529-To-Roth IRA Rollovers: What You Need To Know

    www.aol.com/finance/529-funds-now-rolled-roth...

    Americans saving up for college with a 529 plan will get a little extra help in 2024 thanks to a new rule that allows unused funds in a 529 account to be rolled into a Roth IRA without incurring ...

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