Here's How Your Grandchild Can Get Financial Aid With A College Savings Account [Yahoo! Finance]
Ameriprise Financial, Inc. (AMP)
Last ameriprise financial, inc. earnings: 1/29 04:10 pm
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Source: Yahoo! Finance
This savings account gives users an easy route to start planning how they will fund their students' college degrees. Unlike a brokerage account, the money grows tax-free. Try This: 6 Money Moves To Make When Your 401(k) Hits $1 Million Learn More: 5 Genius Things All Wealthy People Do With Their Money Ready to open a 529 account? Here are the advantages that started this academic year. In the past, one of the drawbacks was that leftover funds unused by students' education were at risk of additional tax penalties. This meant using these funds for anything other than education could incur fees. Starting in the 2024-25 school year, grandparents can now move excess funds to a retirement account like a Roth IRA , according to a report from Ameriprise. Another downside was that 529 contributions and cash gifts from grandparents used to be listed as untaxed income on a student's Free Application for Student Aid (FAFSA) form. With this factor listed on the application, there was a c
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- Why Wall Street is so happy to see the job market slowing down [Yahoo! Finance]Yahoo! Finance
AMP
Earnings
- 4/22/24 - Beat
AMP
Sec Filings
- 5/6/24 - Form 10-Q
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- AMP's page on the SEC website