OT:pre-paid tuition
- Thread starter JTthe2nd
- Start date
Double check the fee scale. ( advisor fees, program management and maintenance charges, and some underlying investment fees. )
I believe if the child gets a scholarship and you don’t use it you’ll be able to get the taxes waived, it also went up to 15,000 this year as your contribution. And you can, I believe, transfer the account to another child if you need too.
Also, if I remember, you can use contribute to another States 529 plan if the child doesn’t wanna go to school in NV. Find an advisor to help, my info is 5 years old
I believe if the child gets a scholarship and you don’t use it you’ll be able to get the taxes waived, it also went up to 15,000 this year as your contribution. And you can, I believe, transfer the account to another child if you need too.
Also, if I remember, you can use contribute to another States 529 plan if the child doesn’t wanna go to school in NV. Find an advisor to help, my info is 5 years old
My advice is if you have several kids don't do the pre-purchase for the youngest.
My parents did the pre-purchase for all their grand-children. It's looking like the youngest will use it, but his older brother won't, so his could have been transferred. Check the transfer rules - I assume they are still the same to transfer within the family.
My parents did the pre-purchase for all their grand-children. It's looking like the youngest will use it, but his older brother won't, so his could have been transferred. Check the transfer rules - I assume they are still the same to transfer within the family.
