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How Do I Handle 529 Plans?

We currently don't include questions about 529 account balances, contributions, and withdrawals in ESPlanner or ESPlannerPlus. We intend to do so in a future update.

In the meantime, please enter contributions to your 529 accounts as non-deductible special expenditures and enter the projected withdrawals based on these contributions as well as your current 529 balances as future non-taxable special receipts. You'll have to do a side calculation to determine the withdrawals.

Again, I apologize for not having this functionality in the current program. It's high on our priority list.

best, Larry

1

Has the 529 functionality been updated yet? If not, ETA?

2

We finally have an answer for this.

It will be in the next release update (on or about 01-May-2009).

Best,

Dick Munroe