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- May 20, 2014
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The First Family’s 529 Windfall
The large contributions the Obamas have already made won’t be taxed.
If there’s any silver lining in the President’s plan to end the major tax benefit of saving for college, it’s that at least he’s not talking about taxing money that’s already been saved. This aspect of the Obama plan is particularly valuable to people like, well, Barack Obama. The First Family s 529 Windfall - WSJ
The large contributions the Obamas have already made won’t be taxed.
If there’s any silver lining in the President’s plan to end the major tax benefit of saving for college, it’s that at least he’s not talking about taxing money that’s already been saved. This aspect of the Obama plan is particularly valuable to people like, well, Barack Obama. The First Family s 529 Windfall - WSJ