Courses

Surgent's Funding Education After Tax Reform: Section 529 and ABLE Accounts (TPLA)

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Member Price: $0.00 Non-Member Price: $0.00

Date/Time:: Dec 21, 2018, 1:00pm–3:00pm
Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
Level:: Basic

The Tax Cuts and Jobs Act of 2017 allows taxpayers to make use of Section 529 plans and ABLE accounts that were unavailable before 2018. For those taxpayers who can make use of these opportunities, there are significant tax saving opportunities of which to take advantage.

Objective

Guide clients on new planning strategies for 529 plans and ABLE accounts resulting from the Tax Cuts and Jobs Act of 2017

Highlights

Using 529 plan distributions to pay for pre-college educational expenses
Transferring 529 balances to other family members
What is an ABLE account and how it is like and unlike a special needs trust
Transferring 529 plan balances to ABLE accounts

Designed For

Tax practitioners who anticipate advising clients with respect to 529 plans, pre-college and college educational expenses and ABLE accounts

Prerequisite

A basic understanding of the tax rules relating to individual income tax

Advanced Preparation

None