529 Counsel, PLC
We make sure the i's are dotted and the t's are crossed.
By year-end 2007 there were 10.6 million individual 529 accounts totaling $129.9 billion.
Take just a few minutes to read any federal body of law (such as the Internal Revenue Code) and you'll quickly see there are a multitude of traps for the unwary. The voluminous body of law governing 529 Plans is no exception. A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. As long as the plan satisfies all requirements, the federal tax law provides special tax benefits to plan participants. Run afoul of that law, however, and plan participants lose their tax benefits
We help states and educational institutions establish and maintain their 529 Plans in compliance with all laws and regulations. In addition, we advise program managers and administrators on how to properly fulfill their responsibilities regarding the day-to-day operations of the 529 Plans they serve. Just as importantly, we make sure that our clients' plans provide every tax benefit to which plan participants are entitled, making it possible for more men and women to attain their goal of higher education.
We help states and educational institutions establish and maintain their 529 Plans in compliance with all laws and regulations. In addition, we advise program managers and administrators on how to properly fulfill their responsibilities regarding the day-to-day operations of the 529 Plans they serve. Just as importantly, we make sure that our clients' plans provide every tax benefit to which plan participants are entitled, making it possible for more men and women to attain their goal of higher education.