Sign InRegister 
Money Talk - Replies to Post
Jump to Topic
Page 1
Page 1
Started By
Message

re: Re: LA 529 plan for college savings

Posted on 12/4/13 at 1:32 pm to CQQ
Posted by yellowfin
Coastal Bar
Member since May 2006
97816 posts
Back to top
Posted on 12/4/13 at 1:32 pm to CQQ
you can transfer the money to another kid

you cannot withdraw unless you have qualified expenses without penalty
Replyreplies2...
Posted by CQQ
Member since Feb 2006
17048 posts
Back to top
Posted on 12/4/13 at 1:35 pm to yellowfin
So what happens if my son is a star athlete and gets a full ride? Surely once you know he won't need it, you can withdraw it, no?
Replyreplies1...
Posted by TigerGrl73
Nola
Member since Jan 2004
21286 posts
Back to top
Posted on 12/4/13 at 3:44 pm to yellowfin
quote:
you cannot withdraw unless you have qualified expenses without penalty

There is an exception for scholarships. You can withdraw up to the amount of the scholarship with no penalty, but you pay taxes on the earnings portion.

LINK
Replyreplies0...
Money Talk - Replies to Post
Return To Board
Page 1
Return To Board
first pageprev pagePage 1 of 1Next pagelast page
refresh
Latest LSU News »
Watch: 5-Star QB Commit Bryce Underwood Puts On A Show At LSU's Friday Night Lights Event
LSU Lands Commitment From 2026 Four-Star DL Richard Anderson
Watch: Five-Star LSU QB Throws TD At Camp, Celebrates With Impressive Cartwheel
Watch: LSU Football Dishes Out New "Freaks Of The Week" During Summer Camp
Four-Star Offensive Lineman Carius Curne Commits To LSU
Sports Lite »
Cameraman Saves Reporter From Foul Ball During Yankees vs. Braves Game
Bare Knuckle Fighter Gets KO'd On His Feet And Immediately Starts Swinging At The Ref
Oilers Fan Who Flashed Playoff Crowd Poses For Playboy
One Of The Greatest/Weirdest Miniature Golf Shots Ever
Amanda Balionis Celebrated 38th Birthday This Week
Latest SEC Headlines »
Former Texas A&M Dead At 55 After Battle With Cancer
Lane Kiffin Beefing With Antonio Brown On Social Media
Oklahoma & Brent Venables Agree To New 6-Year Deal
Coach Cal Reveals If He Was 'Pushed Out' Of Kentucky Program
NCAA Tournament Wants To Add More Teams
Popular
Little League Parent Buys Flyover Banner To Rat On Parent Who Complained About Schedule
This Is Team USA's Outfit For Opening Ceremony
Charissa Thompson Shares Wild Details From Her First Marriage
Four-Star Offensive Lineman Carius Curne Commits To LSU
Five-Star Dual-Sport Athlete Jonah Williams Had An Awesome Visit To LSU Last Weekend

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

Facebook•Twitter•Instagram
Back to top Sign In/Register
View in: Desktop
Privacy•Advertising•Contact•Terms
Copyright @2024 TigerDroppings.com. All rights reserved.
Turn on Dark Mode