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RE: college costs
- To: noelle
- Subject: RE: college costs
- From: Robert <http://dummy.us.eu.org/robert>
- Date: Sun, 01 Jun 2014 12:56:53 -0700
- Keywords: my-Oakland-voicemail-number
> From: Noelle <http://dummy.us.eu.org/noelleg>
> Date: Sun, 1 Jun 2014 12:43:09 -0700 (PDT)
>
> are you sure?
You mean, sure about the wikipedia page, or sure about the loan?
> you should talk to her about it
>
> On Sun, 1 Jun 2014, Robert wrote:
> > Do you think we should offer a $14,000 interest-free loan to Flora and
> > family since, according to
> >
> > http://en.wikipedia.org/wiki/529_plan#Gift_tax_considerations ,
> >
> > it looks like it would be subject to the same tax restrictions as a
> > "gift", unless Alex and/or Nick were attending the college in Ca?
> >
> > > From: ", Flora" <http://www.state.vt.us/~Flora.>
> > > Date: Sun, 1 Jun 2014 17:23:55 +0000
> > >
> > > What about opening a 529 plan? I'm not sure exactly how it would work,
> > > but you
> > > could open one for each Nick and Xander as a beneficiary. It could then
> > > be used
> > > to help pay for their college when they graduate.
> > >
> > > https://www.nysaves.org/content/home.html
> > >
> > > https://www.scholarshare.com/