Education planning common questions
Saving for college
Paying for college
I've heard that a grandparent can pay a grandchild's tuition directly to the college without any gift tax problems. Is this true?
I opened a state savings plan sponsored by a different state than my own. Will I get that state's tax benefits?
My child will be going to college next year and using 529 funds to pay expenses -- what do I need to do?
Note Regarding 529 Plans: Investors should consider the investment objectives, risks, charges, and expenses associated with 529 plans before investing. More information about 529 plans is available in each issuer's official statement, which should be read carefully before investing. Also, before investing, consider whether your state offers a 529 plan that provides residents with favorable state tax benefits.
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