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Many states offer tax breaks to taxpayers who contribute to 529 plans, including prepaid tuition plans. These breaks can come in the form of a tax deduction or a credit, depending on where you live.
Nevada: Nevada Prepaid Tuition Program. The Nevada Prepaid Tuition Program was established in 1997. Via a 529 plan, the program allows you to purchase future tuition credits at today's cost.
529 college savings plan originated from states rather than the federal government. With tuition cost increasing year by year, the state-run prepaid tuition program of Michigan addressed the increasing anxiety on the part of many thousands of Michigan households with the Michigan Education Trust (MET) proposition.
A February 19, 2007 article in the Daily Texan reported that the Texas Tomorrow Fund program is in debt due to tuition deregulation. By 2029 the program could be in debt for as much as $3.3 billion, running completely out of money by 2018, due to the difference in tuition rates between the state's projections and the actual cost of tuition at ...
Maryland 529 — formerly College Savings Plans of Maryland [1] — is an independent, non-profit State agency that provides flexible and affordable college and disabilities savings plans in accordance with sections 529 and 529A of the Internal Revenue Code. The two college savings plans help families save for future education expenses and ...
Today the Florida Prepaid College Board is the largest and longest-running prepaid tuition program in the nation – known as a national model for excellence. More than 620,000 students have ...