About one year ago, the Tax Cuts and Jobs Act (“TCJA”) of 2017 officially passed – creating significant change for many U.S. families. This represents an update to my December 2017 article on tax reform and planning opportunities you should consider before December 31, 2018. Ready to nerd out with me?
College savings is a hot topic since many of my clients have at least one child living at home. Last month, I wrote an article for Kiplinger on 529 plans as a college savings tool. Today, let’s dive deeper into the two main types of 529 plans: Savings and Prepaid.