Question I have a mutual fund (custodial account) for my child that was opened 12 years ago. The child is now 17 and will be entering college in the Fall of 2010. 1) Are taxes paid only when the child...
With the recent changes to the old Texas Tomorrow Fund, we have chosen the opt out. We can within 60 days put it into another qualified tuition plan (ie 529). Both our daughters have just started college. We are beginning...
A bond owned by a child less than 24 does not qualify, so typically the owner needs to be the parent of a child going to school (unless the student child is over 24).
Question: My daughter will be off to college in fall of 2011. I have been putting $500 a month away in a ugtma account for years and now it's worth has plummeted because it is invested in mutual funds. since...
I was wondering if you knew of any way to get a private school loan. It seems as though it is near impossible to get a loan now that the economy seems to be failing. I have applied at a...
Question: What do you think to the new The Texas Tuition Promise Fund? I have two boys, 7 and 9. How do you think it compares to a 529 plan? What do you think of only buying one year for...
Newsletter sign-up: Top Headlines
Get Breaking News on your cell