Printer Friendly
The Free Dictionary
970,900,811 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

529 plan

   Also found in: Wikipedia 0.04 sec.
529 Plan
A plan that allows for the prepayment of qualified higher education expenses at eligible educational institutions. Also known as a "qualified tuition program."

Notes:
The prepayment may be in the form of a contribution to an account established specifically for paying higher educational expenses. There is no income restriction for individuals who want to contribute to a 529 plan however, because contributions cannot exceed the amount that sufficiently covers the expenses of the beneficiary's qualified higher education, individuals should take care not to over-fund the 529 plan.

529 plan
See college-savings plan.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
If a contribution to a 529 plan provides state income tax savings, then the client receives an immediate return on investment equal to that savings divided by the investment net of the state income tax savings.
The best use of spare cash: tax-savvy strategy for extra dollars by Geisler, Gregory G. / Journal of Accountancy
California's 529 plan is known as ScholarShare and is administered by TIAA-CREF, one of the nation's largest retirement systems.
BY THE NUMBERS DO YOUR RESEARCH BEFORE COMMITTING TO ANY ... by Daily News (Los Angeles, CA)
Joining Independent 529 Plan, the only 529 plan organized and run by and for independent colleges and universities, is a significant and complex decision because of the financial and operational ramifications.
Unlocking access: behind the scenes of one institution's decision to ... by Maydew, Mary Jo / University Business
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.