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So far firespringInt has created 8 blog entries.

Tax Changes for 529 Plans

The tax reform bill signed into law on December 22, 2017 includes several provisions related to 529 plans. The provisions are: Expanded Qualified Higher Education Expenses Effective for distributions made after December 31, 2017, the definition of Qualified Higher Education Expenses under the Internal Revenue Code of 1986, as amended (the “Code”) is expanded to [...]

2018-01-16T16:24:22-06:00January 16th, 2018|

Important Notice Regarding Transactions

October 27, 2017   RE: Bright Directions Advisor-Guided 529 College Savings Program End of year is quickly approaching. Be sure to make your 2017 contributions as soon as possible to avoid missing the December 31st contribution deadline. Illinois taxpayers can deduct contributions from their taxable income up to $10,000 ($20,000 if married filing jointly)1 . [...]

2017-11-03T11:59:41-06:00November 3rd, 2017|

Help your kid graduate college debt-free

Today, most parents are saving money for their children's college education – 72% of them, according to a study by Fidelity Investments. But some 68% of students still graduate school with student loan debt, at an average of $30,000. Here are three ways you can elevate your savings strategy to help your kid graduate without [...]

2017-01-09T09:55:38-06:00January 9th, 2017|