Qualified expenses are amounts paid for tuition, fees and other related expense for an eligible student that are required for enrollment or attendance at an eligible educational institution. You must pay the expenses for an academic period* that starts during the tax year or the first three months of the […]
Money from a 529 account can be used for major post-secondary education costs such as: Required tuition, fees, books, supplies and equipment. Certain room and board expenses, which may include food purchased directly through the college or university (for the stipulations of off-campus living — see below) What expenses can […]
The program has offered a four-year package and one-year package covering tuition and fees at any Alabama public college or university, convertible to private and non-Alabama institutions based on a formula. What does the pact cover? PACT funding covers the gap between federal and state grants you receive, and community […]
Prepaid tuition plans let you purchase college credits or units at today’s prices to be used in the future. College savings plans let you invest contributions that can be withdrawn later to help pay for qualified tuition expenses. What is another term for a 529 plan? 529 plans, legally known […]
And while most states tax TSP distributions as well, these 12 don’t: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming, Illinois, Mississippi and Pennsylvania. What is the most tax-friendly state for retirees? Delaware1. Delaware. Congratulations, Delaware – you’re the most tax-friendly state for retirees! With no sales […]
Alabama, for example, doesn’t tax pensions or Social Security benefits, but it will tax distributions from a 401(k) plan. What pensions are not taxable in Alabama? Tax Exemptions for Retirement Income in Alabama Social Security, most government pensions, military retirement pay, federal pensions, veterans’ benefits, teachers’ pensions, police pensions, railroad […]
At the University of South Alabama, the College of Engineering is ready to help you prepare for a successful career. Our city and surrounding region are home to many engineering and technology companies that encourage and support our students with internships, co-ops, and excellent career opportunities. Is Alabama good for […]
The bachelor’s program at UAH was ranked #68 on College Factual’s Best Schools for aerospace engineering list. It is also ranked #3 in Alabama. What majors is UAH known for? UAH boasts robust capabilities in astrophysics, cybersecurity, data analytics, logistics and supply chain management, optical systems and engineering, reliability and […]
1. Huntsville AL Suburbs. Huntsville, AL and its suburbs have a population of around 300,000, although Huntsville itself is less than half that population. That means that within the Huntsville area there are close to 200,000 people that help make the suburbs of Huntsville great places to live and work. […]
Alabama resides in the United States’ most deadly tornado area—the Dixie Alley. Researchers are becoming increasingly aware of how dangerous and deadly tornados in the Deep South/ Gulf Coast states can be. Huntsville, Alabama was been rated the top tornado city in 2013. Where do tornadoes hit the most in […]
Cullman has had around 177 tornadoes historically recorded. In the center of the state, Cullman’s location is part of the “Tornado Alley” in Alabama. As a result of its location, the number of tornadoes can be much higher than in other parts of the state. Where do most tornadoes occur […]
55 inches. Madison County, Alabama gets 55 inches of rain, on average, per year. The US average is 38 inches of rain per year. Madison County averages 2 inches of snow per year. The US average is 28 inches of snow per year. What is the rainiest month in Huntsville […]
Madison, Alabama gets 55 inches of rain, on average, per year. The US average is 38 inches of rain per year. Madison averages 2 inches of snow per year. The US average is 28 inches of snow per year. How much snow does Madison Alabama get? Climate Averages Madison, Alabama […]
A. The full amount contributed into the Alabama CollegeCounts 529 Fund can be deducted up to $5,000 per taxpayer. If you file Married filing Joint on your tax return, the maximum amount of $10,000 can be deducted. Q. Do you get a tax deduction for contributing to a 529 plan? […]
The Alabama Prepaid Affordable College Tuition (PACT) Program is a Section 529 prepaid college tuition program administered by the State of Alabama Treasurer’s office and has been closed to enrollment since 2008. What does Alabama PACT pay for? Contract pays one to four years of undergraduate tuition and fees at […]