@socialcap: I hear from clients all the time that they don’t want to touch the #529 because of its limitations. Welp, problem solved! #college #financialliteracy #collegetuition #PersonalFinance #fintok
Tyler Gardner
Region: US
Sunday 25 December 2022 13:54:40 GMT
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Chris Garcia :
So daughter is about to be 2, i just earned my first “big” check… what are the accounts I should be setting up for her now?
2023-01-01 15:37:17
3
imstillme1975 :
But… it’s not 2024 soooo you need to pay that 10%
2022-12-26 23:18:55
4
Jordan :
still subject to the max roth contribution. so you can not do both?
2022-12-26 14:55:00
1
Coffee please :
they only owe 10% penalty on 529’earnings not contributions
2022-12-25 16:34:06
63
Tyler Gardner :
$35,000 lifetime cap; annual limits apply; 529 has to have been open for at least 15 years.
2022-12-25 13:56:47
7
Tucson Volleyball :
Sharing this to my husband!
2022-12-25 15:52:39
3
randombvr :
Is it 35k per year?
2022-12-26 16:28:48
1
Jt :
It’s 2023 so you still have to pay the 10%…
2022-12-27 17:34:32
35
Cara ☀️ :
Can you explain the benefits of opening a 529 vs opening a IUL?
2022-12-27 15:29:41
3
totallyrandomperson2023 :
you can't do $35,000 in one year
2023-01-16 01:37:33
1
Bearded Dad 🇺🇸 :
we set up Florida Prepaid and 529 for our daughter in 2014. glad to know if she doesn't go to school it's not wasted.
2022-12-25 15:40:29
1
Rajpaul Toor (RToor) :
How wonderful that they make the tax loss so simple for every day people.😏
2023-01-11 18:26:24
1
Steven Johnson :
This is why taxes are theft. They make it confusing on purpose.
2022-12-26 07:08:19
0
Homesteading :
YES, I have 10% going into a Roth IRA and the principal amount we use as a emergency fund
2022-12-27 00:20:40
1
General roblox player :
It's 2023
2023-01-05 15:41:06
1
z :
Last time I remember it's not 2024...
2023-01-09 19:02:40
0
Tanish?? :
I learned abt a 529 plan yesterday and now I hear it again like it’s a common subject
2023-01-05 03:17:54
2
Josh :
@nickthecpa
2022-12-26 06:54:28
1
Hunter Lewis :
@nicolelewis124
2022-12-26 09:22:02
0
user4129811795979 :
@george.kamel
2022-12-29 20:33:30
0
Hang Lus :
So you guys figured out time travel? Cool
2022-12-28 14:51:23
2
Jackson :
So won’t that take 6 years to reach with the $6500 annual contribution limit or will they allow a 35k lump sum rollover?
2022-12-26 03:42:14
5
Oof :
So you can do this even though you don’t qualify for a Roth?
2022-12-25 14:52:03
1
Jay Shoemaker :
Your Roth withdrawal of contributions has to be 5 years after the first contribution
2022-12-26 03:25:33
1
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