New tax law and 529s
With the signing of the Tax Cuts and Jobs Act on December 22, 2017 parents have a new option for paying for K through 12th grade education for their children.
The law now allows for the use of 529 college savings plan funds up to $10,000 per year per child for K-12 expenses at private, religious, or home schools. This will require some planning and a thoughtful approach to keep from disturbing your savings for college. Axis Wealth Planning, LLC can help you review your options and work with your tax professional to take advantage of this opportunity and maximize your tax savings.
Complete the information below today and we'll be in touch for a no obligation discussion of your personal situation and this new opportunity.