Tag Archives | College Costs

Updated Rules Make Grandparent Owned 529’s More Attractive

Key Takeaways: New tax law change makes grandparent-owned 529 plans more attractive than ever. Grandparent-owned 529 plans can now be used to fund the final two years of college–not just the final year–with no detrimental impact on the grandchild’s financial aid package. Consider all of your college savings options carefully before investing. Don’t hesitate to […]

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Three Ways Grandparents Can Help With College Costs

Paying directly to the college Tuition payments made directly to a college aren’t considered taxable gifts, no matter how large the payment. But this is true only for tuition, not room and board, books, or fees. Did you know…? If your grandchild doesn’t go to college or gets a scholarship, you can name another grandchild […]

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