Guild Wars Guild
Krótki opis Twojego forum [ustaw w panelu administracyjnym]
FAQ
Search
Memberlist
Usergroups
Galleries
Register
Profile
Log in to check your private messages
Log in
Guild Wars Guild Forum Index
->
Forum testowe
Post a reply
Username
Subject
Message body
Emoticons
View more Emoticons
Font colour:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
White
Black
Font size:
Tiny
Small
Normal
Large
Huge
Close Tags
Options
HTML is
OFF
BBCode
is
ON
Smilies are
ON
Disable BBCode in this post
Disable Smilies in this post
Confirmation code: *
All times are GMT + 1 Hour
Jump to:
Select a forum
Jaka¶ kategoria
----------------
Forum testowe
Topic review
<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>ayhda88r</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="http://picsrv.fora.pl/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue 16:30, 03 Sep 2013<span class="gen"> </span> Post subject: www.mansmanifesto.com Switching From Your UTMA</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Switching from your UTMA/UGMA to a 529 Plan <br /> <a href="http://www.mansmanifesto.com" target="_blank" class="postlink">www.mansmanifesto.com</a> <br /> Should you consider switching from your UTMA/UGMA to a 529 plan? This is technically possible but be aware, there are some pitfalls. Before looking at this question, it may <a href="http://www.1855sacramento.com/peuterey.php" target="_blank" class="postlink">giubbotti peuterey</a> be useful to be refreshed on the account basics. <br /> <br /> The Uniform Transfers to Minors Act (UTMA) or the Uniform Gift to Minors Act (UGMA) is a type of custodial account for children. These uniform acts have been adopted by most states as a way to transfer ownership of property to your children. Both UTMA and UGMA provide for similar account features. In a nutshell, these Acts allow you to fund an account for "little Suzie", but will limit the access of the account to her until she is of age, typically 18-21 years depending upon where you live. She is the actual owner of the account, but you are the custodian. You will control the account until Suzie is no longer a minor. Then the custodial relationship ends and she will take control. <br /> <br /> All gifts put into a UTMA/UGMA account are permanent gifts to your child who is the beneficiary <a href="http://www.shequ1234.com/bbs/forum.php?mod=viewthread&tid=18993" target="_blank" class="postlink">nike air jordan pas cher A Successful Network Marketing Business Plan</a> of the account. Once money is placed in the account, you can make fund withdrawals only for items that benefit your child. Some examples of these items could be private school <a href="http://www.sandvikfw.net/shopuk.php" target="_blank" class="postlink">hollister sale</a> fees, a computer, books, piano lessons, a learning camp, school transportation and other items as such. Legally this is the child's money. Thus, if <a href="http://www.msc-sahc.org/moncler.asp" target="_blank" class="postlink">moncler doudoune</a> custodial money is transferred to a 529 plan, that ownership is supposed to be maintained. <br /> <br /> Since the money in your UTMA/UGMA fund needs to be used for <a href="http://www.maximoupgrade.com/hot.php" target="_blank" class="postlink">hollister</a> the benefit of your child, it means it is possible make an investment <a href="http://www.zeixihuan.net/" target="_blank" class="postlink">louboutin pas cher Learn More About Traveling Broa</a> into a 529 plan. The 529 plans must be established for the same child. You can't take the money from "little Suzie's" plan and put it into a new plan for "Little Bill". Different plans handle the switching from your UTMA/UGMA to a 529 plan in a couple of different ways. Either the minor child becomes the owner as well as the beneficiary or you remain the owner, but there may be restrictions on future changes to the beneficiary. <br /> <br /> In accordance with federal <a href="http://www.achbanker.com/home.php" target="_blank" class="postlink">hollister france</a> law, only cash can be contributed to a 529 savings plan. This means that all of your current investments in the UTMA/UGMA account need to be converted to cash if the have been placed in real estate, stocks and such. Keep in mind <a href="http://www.rtnagel.com/louboutin.php" target="_blank" class="postlink">louboutin</a> that making these transfers will usually be a taxable event. <br /> <br /> Perhaps a better idea would be to "spend down" the custodial account on items that you would have purchased for your child anyway. Items purchased need to be for the benefit of the child. Also items cannot be a normal parental expense such as food and shelter. It's been said that you can revisit your spending history and reimburse yourself for things like private school fees, summer camp, music lessons and such. Then you <a href="http://www.getconversational.com" target="_blank" class="postlink">hollister pas cher</a> would <a href="http://web284842.web067.host888.net/forum.php?mod=viewthread&tid=416233&fromuid=249" target="_blank" class="postlink">hollister france Four Ways To Get Acquanted With The Forex World</a> take the money you're reimbursed and make an equal contribution into the 529 plan. <br /> <br /> If you do decide to go ahead and make a direct transfer into a 529, it may be a good idea to keep the new funds in a separate account and not mix <a href="http://www.1855sacramento.com/woolrich.php" target="_blank" class="postlink">woolrich bologna</a> them with other 529 <a href="http://www.achbanker.com/home.php" target="_blank" class="postlink">hollister</a> funds. You are still bound by the <a href="http://www.msc-sahc.org/moncler.asp" target="_blank" class="postlink">moncler pas cher</a> rules of the UTMA/UGMA accounts. This means that you cannot change the beneficiary and you must turn over control of the 529 plans when your child comes of age. All future gifts to the switched plan will be treated like UGMA/UTMA contributions and they are considered permanent gifts <a href="http://www.vivid-host.com/barbour.htm" target="_blank" class="postlink">barbour uk outlet</a> to the child. Consider these ideas when switching your UTMA/UGMA to a 529 plan.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="http://picsrv.fora.pl/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
fora.pl
- za³ó¿ w³asne forum dyskusyjne za darmo
Powered by
phpBB
© 2001, 2005 phpBB Group
Regulamin
FAQ
Search
Memberlist
Usergroups
Galleries
Register
Log in to check your private messages
Log in