Saving for Education: 529 Plans
Many parents seeking ways to save for their child's education determine that a 529 Plan is an excellent option. As a result of the passage of tax reform legislation in 2017, 529 plans are now available to parents wishing to save for their child's K-12 education as well as college or vocational school.
This article discusses tax-free distributions and Federal Tax rules as they relate to Income Tax, Gift Tax, Estate Tax and State Tax.
Your tax advisor at Sharrard, McGee & Co., PA looks forward to discussing this opportunity to save money for your child’s education and the specifics of North Carolina 529 plans. Call today at (336) 884-0410 in High Point or (336) 272-9777 in Greensboro.
About the Business
BUSINESS
Tax Preparation Service
Sharrard, McGee & Co., PA
1321 Long St, High Point, NC 27262
CALL US+1 (336) 884-0410
CALL US+1 (336) 884-0410
