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  1. 3 days ago · Enroll in a 529 plan. Gift up to $18,000 annually to your child or grandchild, or more if you take advantage of superfunding. Pay directly to your grandchild’s institution tax-free and lower your taxable estate. Pay down student loans with your 529 plan funds. Use 529 plan funds for your child’s K-12 education or apprenticeship.

  2. May 1, 2024 · 10 best 529 plans in 2024. Bright Start Direct-Sold College Savings Program (Illinois) U.Fund College Investing Plan (Massachusetts) Oregon College Savings Plan. Ohio's 529 Plan CollegeAdvantage ...

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  4. May 15, 2024 · A 529 plan is an education savings plan that allows you to save for qualified education expenses. While the 529 plan was developed to allow families to save for college, its mandate has since been ...

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  5. May 2, 2024 · Illinois Bright Start 529 College Savings: Best for low fees. Missouri MOST 529 Education Plan: Best for online gifting. Nebraska Bloomwell 529 Education Savings Plan: Best for in-state tax ...

  6. May 8, 2024 · New York's 529 College Savings Program. Tax deduction of up to $10,000 per year for married couples filing jointly; up to $5,000 for single filers. None. $520,000. 0.12% management fee; $0 advisor ...

  7. Apr 26, 2024 · A A 529 plan is a type of tax-advantaged investment account designed specifically for saving for college. Your contributions grow tax-deferred, and your withdrawals down the line are exempt from federal and most state taxes—as long as you’re using the money to pay for qualified education costs.

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