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What happened to scholars choice?

What happened to scholars choice?

LONDON, Ont. – Retailer Scholar’s Choice is closing all but three of its stores as part of a restructuring of its operations to focus on its e-commerce and catalogue business.

Is Scholars Choice a 529?

The Scholars Choice Education Savings Plan is one of the largest financial professional-sold 529 plans dedicated to helping solve your education savings goals.

Is Scholar’s Choice a Canadian company?

Scholar’s Choice has been serving customers across Canada for over 81 years. We are proud to be the oldest and largest distributor of educational toys, teaching materials and early childhood furniture in Canada.

Which Scholars Choice stores are closing?

Scholar’s Choice is closing the following locations: East, Ajax, Ont. Barrie, Ont. Hamilton, Ont.

How do I claim 529 on my taxes?

How to report a taxable 529 plan distribution on federal income tax returns

  1. Divide the AQEE by the total 529 plan distribution (Form 1099-Q, Box 1)
  2. Multiply the answer by the earnings portion of the total distribution (Form 1099-Q, Box 2).
  3. Subtract this amount from the total distributed earnings.

Who owns a 529 account?

All 529 plan accounts have an account owner and a beneficiary, with the account owner controlling the account. An individual 529 account is a regular 529 account, with an adult individual as the account owner and a student as the beneficiary. The account owner makes the investment decisions regarding the 529 account.

Is Scholars Choice going out of business?

LONDON, Ont. — Retailer Scholar’s Choice is closing all but three of its stores as part of a restructuring of its operations to focus on its e-commerce and catalogue business.

What is scholars choice?

In fact, Scholars Choice is dedicated to making it easier for you and your loved ones to pay for an education. Not sure where to start? Whether you are exploring the basics as a potential new saver or you are looking for additional resources to boost existing savings, Scholars Choice is ready to help get you there.

Who is the distributor of scholars choice education savings plan?

The Scholars Choice Education Savings Plan is offered by the State of Colorado. TIAA-CREF Tuition Financing, Inc. is the Plan Manager and Nuveen Securities, LLC is the Distributor. There are various risks associated with an investment in the Scholars Choice Education Savings Plan; principal loss is possible.

What should I consider before investing in scholars choice education savings plans?

Before investing, carefully consider the investment objectives, risks, charges and expenses of the Scholars Choice Education Savings Plan, including whether the investor’s or Designated Beneficiary’s home state offers any state tax or other benefits that are only available for investment in such state’s qualified tuition program.

What is the scholars choice 529 college savings plan?

The Scholars Choice 529 college savings plan from CollegeInvest and Legg Mason offers tax benefits, a range of investment options, and competitive fees.

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