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While the maximum contribution in each state’s plan may differ, any contributions over the maximum gift tax exclusion – $18,000 for 2024 – could make you liable for gift taxes. In contrast ...
The company also manages Ugift, its third-party giving program allowing family and friends to transfer money into 529 plans. [16] In 2015, Ascensus Government Savings was selected to manage the Rhode Island state 529 plan, CollegeBound fund , in partnership with Invesco . [17]
A 529 plan is a savings plan designed to help make it more affordable to save money for future education expenses. There are actually two types of 529 plans: prepaid tuition plans and college ...
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529 plans are named after section 529 of the Internal Revenue Code — 26 U.S.C. § 529. While most plans allow investors from out of state, there can be significant state tax advantages and other benefits, such as matching grant and scholarship opportunities, protection from creditors and exemption from state financial aid calculations for ...
University Hall at Brown University. The Academic Innovation Center at Bryant University. Community College of Rhode Island, Knight Campus. Snowden Hall at Johnson & Wales University. Luce Hall at Naval War College. The Ruane Center at Providence College. The Student Union at Rhode Island College.
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