The IRS has announced that during 2009 it will permit up to two investment changes in a section 529 savings account because of the recent condition of the financial markets. Prior to this IRS move, you could only make one investment change per calendar year; unfortunately this flexibility is currently limited to 2009.
Educational Planning – changes to the 529 for 2009
The IRS has announced that during 2009 it will permit up to two investment changes in a section 529 savings account because of the recent condition of the financial markets. Prior to this IRS move, you could only make one investment change per calendar year; unfortunately this flexibility is currently limited to 2009.