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For starters, opening a 529 college savings plan provides many of the same tax advantages but is more flexible in terms of your child’s school of choice and the expenses the plan covers. You ...
529 plans are named after section 529 of the Internal Revenue Code—26 U.S.C. § 529.While most plans allow investors from out of state, there can be significant state tax advantages and other benefits, such as matching grant and scholarship opportunities, protection from creditors and exemption from state financial aid calculations for investors who invest in 529 plans in their state of ...
529 college savings plans are excellent ways to save for the educational expenses of loved ones (or even yourself) in a tax-advantaged way. ... Ohio. $541,000. Oklahoma. $450,000. Oregon. $400,000 ...
A 529 college savings plan offers a flexible and tax-advantaged way for parents to save for their children’s education. While there is no federal contribution limit, you should be aware of state ...
The Texas College Savings Plan (formerly the Tomorrow's College Investment Plan). The former, The Texas Guaranteed Tuition Plan , is a constitutionally guaranteed plan administered by the Board that allows individuals to prepay college tuition and required fees at Texas public two- and four-year colleges and universities at today’s cost.
Ohio’s 529 plan, CollegeAdvantage. New York’s 529 plan, Direct Plan. Wisconsin’s 529 plan, Edvest. West Virginia’s plan, Smart 529 WV Direct College Savings Plan. California’s plan ...