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re: Coverdell vs 529 differences???

Posted on 3/21/15 at 11:00 pm to
Posted by OakAgedandIceballs
Member since Mar 2014
92 posts
Posted on 3/21/15 at 11:00 pm to
My son will begin medical school @ LSU New Orleans in May. He has approx $20,000 available for tuition and other related expenses and is a Louisiana resident. Can he open a LA Start plan as owner and beneficiary with primary purpose of receiving state match? His AGI is negligible.
Posted by DanglingFury
Living the dream
Member since Dec 2007
20449 posts
Posted on 3/22/15 at 10:39 am to
I don't know. give them a call. i don't see why not, but you should check on it first.
Posted by yellowfin
Coastal Bar
Member since May 2006
97716 posts
Posted on 3/22/15 at 11:02 am to
quote:

His AGI is negligible.


So is the state match
Posted by jondavid11
benton,la
Member since Aug 2007
1152 posts
Posted on 3/23/15 at 12:29 pm to
quote:

My son will begin medical school @ LSU New Orleans in May. He has approx $20,000 available for tuition and other related expenses and is a Louisiana resident. Can he open a LA Start plan as owner and beneficiary with primary purpose of receiving state match? His AGI is negligible.


Yes he can. Could get an immediate 14% match from state.
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