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Estate Planning

: North Carolina Estate Planning Blog

529 College Savings Plan Investments May Be Adjusted Twice Yearly in 2009

By Gregory Herman-Giddens

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The IRS recently announced in Notice 2009-1 that in 2009 the investments in 529 College Savings Plans may be adjusted twice, as opposed to once per year, which has been the rule to date.  The investments may also be adjusted upon a change of the beneficiary.

This change was implemented in response to the turbulent financial markets we have experienced this year and is effective pending final regulations.

 

Full post as published by North Carolina Estate Planning Blog on December 29, 2008 (boomark / email).

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