Overlooked Benefit of 529 Plans: State Tax Deductions

By James Graham / October 4, 2019

What is a 529 plan? A 529 is a tax-advantaged college savings plan that can now be used for K-12 tuition as well. You make after-tax contributions and your earnings will not be taxed at withdrawal as long as you use the funds to pay for qualified education expenses. These plans also have no income…

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