We're pleased to announce an update is coming to the community boards.
Saturday, September 24th: We are migrating the boards to a new platform. The site is currently in read-only mode and we will bring it back online as soon as the migration is complete.
I was reading a page on Schwab.com regarding Significant retirement savings law changes hare coming in 2020. One item caught my attention. “Change to 529 plans. Assets in these college-savings plans can now be used to repay up to $10,000 in student loans.” There are no details in this article but isn’t this is a change that gets around the amount you can gift a child for tax purposes.
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