Program Basics
This program helps Beneficiaries pay for a college degree.
What is the Education for All program?
In 2023, Caty and Stacey each used this program to make a major purchase.
What is the Primary Residence program?
In order to be eligible for the Dignity of Work program, the Beneficiary must have this.
What is Earned Income?
Reimbursement under the Dignity of Giving program is limited to this dollar amount.
What is $1000?
This program is under development and will be the subject of a discussion later today.
What is the Healthy Lifestyles program?
This program is designed for Beneficiaries who are, "leaving the nest."
What is the Adulting Startup program?
David received the most under this program last year.
What is the JFO Leadership program?
These 3 Beneficiaries are currently eligible for distributions under the JFO Leadership program (must get all 3).
Who are David, Caty and Binya?
The Roth Conversion program reimburses this percentage of conversion-related taxes.
What is 20%?
The next child born in this family will immediately receive a distribution under this program.
What is the Retirement Safety Net program?
This program incentivizes participation in management of the JFO.
What is the JFO Leadership program?
This is the only program that was used by all 5 Beneficiaries of HFJT2 and HFJT3 last year.
What is the Dignity of Work program.
None of the current Beneficiaries of HFJT2 or HFJT3 are currently eligible for distributions under this program.
What is the Retirement Safety Net program?
Nearly $800,000 has been distributed under this program, more than any other.
What is the Primary Residence program?
In order to give future Beneficiaries access to the Education for All program, we will need to reassign or create new ones of these.
What are 529 Plans?
This program requires Beneficiaries to use the funds they receive to augment their retirement savings.
What is the Dignity of Work program?
When Binya needed a new engine for her car, she leveraged this program?
What is the Adulting Startup program?
What is the Roth Conversion program?
The Dignity of Work program provides this percentage of prior year earned income, up to this dollar limit (must get both numbers).
What are 20% and $30,000?
Only 1 person used this program in 2025.
What is the Continuing Education program?
This program helps Beneficiaries pay taxes.
What is the Roth Conversion program?
Gabe has used these 4 programs so far (must name all 4).
What are the Education for All, Retirement Safety Net, Adulting Startup and Dignity of Work programs?
Use of the Education for All program requires that your coursework be eligible for funding from this source.
What is a 529 plan?
The Roth Conversion program allows for loans at these interest rates published by the IRS.
What are Applicable Federal Rates (AFRs)?
This program required a formal amendment to HFJT3 that all of us signed in 2024.
What is the Education for All program?