Interesting article, marginally helpful when considering 529 for grandchildren…
“ 529 accounts owned by someone other than the beneficiary's parent no longer affect need-based financial aid.”
“ That said, it's important to note that 529 distributions are still a factor on the College Scholarship Service (CSS) Profile, which is used by many private universities and some public institutions.”
https://www.schwab.com/learn/story/gra ... -get-boost
“ 529 accounts owned by someone other than the beneficiary's parent no longer affect need-based financial aid.”
“ That said, it's important to note that 529 distributions are still a factor on the College Scholarship Service (CSS) Profile, which is used by many private universities and some public institutions.”
https://www.schwab.com/learn/story/gra ... -get-boost
Statistics: Posted by happysteward — Thu Aug 22, 2024 6:18 am — Replies 0 — Views 193