Sentences with phrase «special needs beneficiary»

The age restriction may be waived for special needs beneficiaries.

Coverdell ESAs must be used by age 30, except for special needs beneficiaries; 529 college savings plans and prepaid tuition plans do not have an expiration date.

Who Is Eligible: The beneficiary must be less than 18 years old, or a special needs beneficiary.

The exception to this rule is if the beneficiary qualifies as a special needs beneficiary.

The savings account's beneficiary must be at least age 18 (or is a special needs beneficiary) to withdraw Coverdell funds, and must withdraw the funds before age 30 or the funds will be distributed and taxed.

Assets in the account must be distributed to the designated beneficiary by age 30, or transferred to another Coverdell ESA for the benefit of another eligible family member — except in the case of a Special Needs Beneficiary.

A Special Needs Beneficiary is an individual who, because of a physical, mental or emotional condition (including a learning disability), requires additional time to complete his or her education.

Contributions can not be made after a child turns 18 (except in the case of a Special Needs Beneficiary).

A beneficiary is someone who is under age 18 or is a special needs beneficiary.

Expenses for special needs services are also included if they are incurred by a special needs beneficiary in connection with enrollment or attendance.

This age limitation doesn't apply if the new beneficiary is a special needs beneficiary.

Contributions: Beneficiary must be under age 18 unless a special needs beneficiary.

Distributions: Must be completed by the time the beneficiary reaches age 30, unless a special needs beneficiary

And «special needs items» can be counted for as - yet undefined «special needs beneficiaries.»

Yes, but only to another member of the current beneficiary's family under the age of 30, or a special needs beneficiary of any age.

Contribute up to $ 2,000 per child per year, until the child reaches the age of 18 (exceptions for special needs beneficiaries).

Qualified higher education expenses also include certain additional enrollment and attendant costs of a beneficiary who is a special needs beneficiary in connection with the beneficiary's enrollment or attendance at an eligible institution.

It is important to remember that even with this extended range of family members, contributions can be made only for those under the age of 18, unless the beneficiary is a special needs beneficiary.

A special needs beneficiary can then use the money to pay for expenses not covered by these programs.