GA Education Update, Financial Leftovers, and Sex, Drugs & Hedge Funds?!

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 17 December 2007

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you are a Georgia listener then Christmas has come early this year. As of December 11th the GA 529 plan has been drastically improved (probably because of the pressure of competition between the different 529 plans). The big improvements included: ** Georgia state income tax deduction update – For tax years beginning on or after January 1, 2007, contributions to an account are deductible up to $2,000 on behalf of any Beneficiary for Georgia income tax purposes. A Georgia taxpayer is not required to itemize his or her deductions to make this adjustment to income. Furthermore, there are no longer annual income limitations to claim this deduction. For more information, visit the show notes at http://www.moneyguy.com/2007/12/ga-education-update-financial-leftovers-and-sex-drugs-hedge-funds/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:07.6	investing, taxing.
0:09.3	You've got financial questions, he's got financial answers.
0:12.9	It's Brian Preston, the money guy.
0:16.1	Don't you love the feeling of December.
0:18.5	I love this time of year because the holidays are coming up.
0:21.0	But I gotta tell you, down here in the south in Georgia, it has not felt like the Christmas
0:26.0	holiday season because this whole week it has been
0:29.9	in the mid-70s.
0:31.4	It is just crazy.
0:33.4	I mean, to be walking around outside, taking the dog out in shorts in the middle of December
0:38.2	seems kind of odd, but enjoying it nonetheless.
0:41.6	But welcome to the money guy show.
0:42.9	I'm your host, Brian Preston.
0:44.7	Pretty excited to be talking to you today because there's some pretty cool things that
0:47.6	have come out especially for my Georgia listeners.
0:51.3	So anybody listening to me on Business Radio 1160 as well as out there on iTunes, got
0:55.8	some great news for you about the 529 plan that George offers.
1:00.2	They've renamed it called Path to College.
1:02.8	We'll go talk about that in a second.
1:04.8	We're also going to be talking about there was a brand new research report that came out
1:07.9	on December 11th that was issued by the government accountability office, talking about full
	...

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