Getting In Is Only Half The Battle

The Chicago Tribute has an article about how the stimulus package has affected not only some of the rules for 529 college savings plans, but federal tax credits for college costs.

Basically, money from your 529 account can be used for a few more “college related” things, and some of the college tax credits have been expanded.

The full article can be found here.

Make sure you check the IRS website before you decide that a new car is a college related expense.

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