{"id":2885,"date":"2009-09-30T08:23:51","date_gmt":"2009-09-30T16:23:51","guid":{"rendered":"http:\/\/blog.huddlestontaxcpas.com\/CPA%20Article\/expanded-529-plan-features\/"},"modified":"2009-09-30T08:23:51","modified_gmt":"2009-09-30T16:23:51","slug":"expanded-529-plan-features","status":"publish","type":"post","link":"https:\/\/huddlestontaxcpas.com\/blog\/expanded-529-plan-features\/","title":{"rendered":"Expanded 529 Plan Features"},"content":{"rendered":"<p>What is a 529 Plan?\u00a0 It is a way to invest your money to be used for future educational expenses for college.\u00a0 Distributions from 529 plans can be used to pay for tuition, books, and other expenses for college.\u00a0 The American Recovery and Reinvestment Act of 2009 has added computer technology to the list of expenses that can be payed for by a 529 plan.\u00a0 This means that you can use 529 plan money to buy computers, software, and pay for internet access while the beneficiary is enrolled in college.\u00a0 However, this does not include any software designed for entertainment, such as video games.\u00a0<\/p>\n<p>All 50 states sponser some sort of 529 plan.\u00a0 There are two different types of plans &#8211; the prepaid tuition plans and savings plans.\u00a0 Families should decide which kind of plan works best for them.\u00a0 Also, remember that using a 529 plan to pay for college does not necessarily exlude you from using the lifetime learning credit of the American opportunity credit.\u00a0 For more informaiton on 529 plans you should contact your tax or investment advisor.<\/p>\n<p>\u00a0<\/p>\n<div><a href=\"http:\/\/huddlestontax.com\/\">Jessica Chisholm, CPA<\/a><br \/>\n<a href=\"http:\/\/huddlestontax.com\/\">Seattle\/Bellevue Tax Accountants<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is a 529 Plan?\u00a0 It is a way to invest your money to be used for future educational expenses for college.\u00a0 Distributions from 529 plans can be used to pay for tuition, books, and other expenses for college.\u00a0 The American Recovery and Reinvestment Act of 2009 has added computer technology to the list of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[18],"tags":[],"class_list":{"0":"post-2885","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"entry"},"_links":{"self":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/posts\/2885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/comments?post=2885"}],"version-history":[{"count":0,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/posts\/2885\/revisions"}],"wp:attachment":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/media?parent=2885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/categories?post=2885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/tags?post=2885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}