One way to mitigate is set up 529 for theeldes for the oldest. Life changes and you can reassign the 529 plan. You can reassign th the 529 plao the younger brother. There are more considerations to talk about different i guess not so much lineage but i i am losing the word. If you try to go from child to grand child there are considerations in there. Like the gift and tax planning considerations. It is such a small subset of people with those issues. More people are trying to come up with funds to pay for college and end up taking out loans. If i remember correctly, publication 502, i believe the 529 plans are revised a bit. I forget the exact dollar. You can take out to pay for Student Loans. Is that right . You can pay for Student Loans out of it including your own. Francis was talking about transferring to another family member. One child doesnt need it and you can transfer to a family member. This is apart tha a part of thet you can transfer upwards to parent or grandparent. If you
Stream here, but thank you. I had the exact same one issue that i dont want to postpone with the same issue you just brought up about the conservatorships, and im looking for chief tong. There you go. Theres chief tong. Knowing a little bit about the conservatorship proceedings from the probate division, i this is seeming a little bit backwards to me. It is in fact true, its a civil proceeding, and they have been pushed way into 2021. But just as, lets say, Domestic Violence restraining orders or those kinds of things have been moving ahead the whole time and have been dealt with timely, you know, we have in this city such stringent requirements, its shocking to me that anybody qualified but so much must be expended upon a single individual before the Public Guardian or Family Member or whomever is allowed to file. But it just seems contrary to my logic that with backed that, with backed up cases, there are more cases coming into the system. Im not asking you to address that now, but i
Commissioner to see if she needs help. President bernal with the quorum present, we move on to the next item. The approval of the meetings of the minute of september 1st. Wrong date, im looking at the minutes. The minutes of the meeting of september 15. Upon reviewing the minutes and without amendment, do we have a motion to approve or any amendments from the commissioners . So moved. Second. Before you all vote there is nobody on the Public Comment line, so there is no need to take Public Comment. I can take a roll call vote, commissioner. President bernal yes. Commissioner green yes. Commissioner chung yes. Commissioner chow yes. And lets see if okay, i will call her as we move into the next item. That looks like the minutes passed. The next item is the directors report. Director colfax. Good afternoon. The director report, grant cocolfax. One item of note, september 30, state department of Public Health released details regarding a Health Equity metric to help continuing efforts to
For members of the public to wish to make Public Comment, the number so use it 408 4189388. The access code is 146 308 6161. Then press pound and press pound again. When your item of interest is called, dial star 3 to be added to the queue to speak. Please wait until the system indicates you have been unmuted and you may begin your comments. You may address the board once per agenda item for up to two minutes. Item number 1, call to order. Director tsen. Unmute, director tsen. Yes. Present. Clerk director dunlop. Present. Clerk director richardson. Present. Clerk director kwon. Here. Clerk director shiffrin. Here. Clerk supervisor haney. We do have a quorum. Okay. Thank you. Im sorry were still meeting remotely. But anyways welcome to the public at large and thank you for being here on a beautiful, very hot San Francisco day. But at least its clear. It means we all have found out how important clear air is to all of us. But welcome. Well go to the first item, please, kate. Clerk item n
You may address the board once per agenda item for up to two minutes. Item number 1, call to order. Director tsen. Unmute, director tsen. Yes. Present. Clerk director dunlop. Present. Clerk director richardson. Present. Clerk director kwon. Here. Clerk director shiffrin. Here. Clerk supervisor haney. We do have a quorum. Okay. Thank you. Im sorry were still meeting remotely. But anyways welcome to the public at large and thank you for being here on a beautiful, very hot San Francisco day. But at least its clear. It means we all have found out how important clear air is to all of us. But welcome. Well go to the first item, please, kate. Clerk item number 2, general Public Comment. This item so to allow the members of the public to address the board within the subject matter jurisdiction of the Authority Board and do not appear on todays agenda. In addition to general Public Comment, Public Comment will be held during each item on the agenda. Members of the the public may address the boa