Tags » 529 Plan

Now is the Time for Congress to Pass Legislation to Strengthen 529 Plans

This past month both the US Senate and House of Representatives introduced legislation to make enhancements to 529 College Savings Plans. These tax-free plans are used by millions of families to save for their children’s future higher education expenses. 402 more words

Poor timing of 529 withdrawals can cancel tax benefits

529 funds must be withdrawn and used within the same year that expenses are incurred to preserve tax benefits.

Question: My daughter’s college is offering a discount if you prepay in year one for all four years.

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Paying For College

How much should I save for college?

Most of our clients are saving for college at some point during their time with SH&J. Some are saving for their children and others for their grandkids. 169 more words


Obama Tax Plan: President Goes All In on Confiscation

AP Photo/Evan Vucci

President Obama released hisblueprint for the federal budgetMonday. Unsurprisingly, it is expected to boost federal spending far higher than recent years. 199 more words


How the 'middle class' saved 529 plans

Why did President Obama do such a quick about-face on 529 plans, first proposing to eliminate them and then a few days later dropping that proposal?   583 more words

Paying For College

Republicans propose expansion of 529 college savings plans

I guess by now everyone has heard about Obama’s plan to eliminate college savings plans.

The left-leaning New York Times reported on it:

President Obama is proposing a radical change to the 529 college savings plans held by millions of families, which would require those who use them to rethink their approach to college savings.

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More Higher Income Families Benefit From College Savings Plans


After attempting to find data on this, we ended up just drawing from a small bit of data found in a budget highlights document. It was frustrating knowing that there was some deeper, more interesting graphs to be found in this subject but not having the time to investigate. The graph accompanied this article.

Data Visualization