Tag Archives: utma

Kiddie Tax and the 2017 Tax Reform

What’s the Kiddie Tax? Under the Tax Reform Act of 1986, a new “Kiddie Tax” was introduced in order to close a loophole through which wealthy folks were getting investment income taxed at lower rates by transferring assets to their children. Under the ’86 rule, unearned income (mainly investment income like stock dividends, interest, and […]

“The 411 on 529 and other college savings plans”

“The 411 on 529 and other college savings plans” <http://www.onlinecolleges.net/2013/04/18/the-411-on-529-and-other-college-savings-plans/&gt; A nice summary of some of the issues, both good and bad, about 529 plans and some other alternatives for saving for college.  Particularly nice to see the two main variations of 529s discussed – “college savings” versus “prepaid tuition”.  We don’t see discussion of […]