Qualified State Tuition programs, more commonly known as “529” plans are a great way to save for the education of loved ones. Contributions to the plans enjoy deferral of income taxation. When distributions are taken for qualified education expenses, like tuition, the distributions are income tax-free—even better! Normally, when a client has control over an [ ] The post 529 Plans for Tax Savings and Asset Protection appeared first on American Academy of Estate Planning Attorneys.


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