L Lesley Member 15+ Year Member Joined Jun 18, 2006 Messages 707 Reaction score 20 Jan 22, 2015 #1 http://www.forbes.com/sites/ryanell...-tax-hike-on-middle-class-529-college-savers/ union..... Members don't see this ad.
http://www.forbes.com/sites/ryanell...-tax-hike-on-middle-class-529-college-savers/ union..... Members don't see this ad.
K KM Awad Full Member 7+ Year Member Joined Jan 22, 2015 Messages 12 Reaction score 3 Jan 22, 2015 #2 Lesley said: http://www.forbes.com/sites/ryanell...-tax-hike-on-middle-class-529-college-savers/ union..... Click to expand... Well that would be unfortunate to tax the withdrawal as ordinary income. Problem is that education costs are growing at 6% per year. So your 529 are maybe growing at 2% (8-6). Then to tax that 2% seems unfortunate as well.
Lesley said: http://www.forbes.com/sites/ryanell...-tax-hike-on-middle-class-529-college-savers/ union..... Click to expand... Well that would be unfortunate to tax the withdrawal as ordinary income. Problem is that education costs are growing at 6% per year. So your 529 are maybe growing at 2% (8-6). Then to tax that 2% seems unfortunate as well.
