December 31, 2007
529 Plans Information
Most states put a cap on lifetime contributions to 529 college savings plans that range between $100,000 and $275,000, though most don t have a limit on how much you can invest annually. Problem is, contributions of over $12,000 per year ($24,000 if you re married) are subject to a gift tax. There s a loophole here, however. You can invest up to $60,000 in one year to a 529 and it will be treated as five yearly payments of $12,000. But beware; going this route will leave you unable to make another deposit for the next five years.
More on 529 account and iowa 529 plan
April 17, 2006
Educate yourself on Credit Reports!
Full article here: Credit Report Information
:mrgreen:Find more related articles at the home of Best Refinance
March 29, 2006
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