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Virginia529 (VA 529) or Virginia529 College Savings Plan is the independent state agency responsible for Section 529 qualified tuition programs offered by the Commonwealth of Virginia. [1] Since 2018, Morningstar has named Virginia's Invest529 plan among the top 529 college savings plans in its annual analysis.
A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged ...
Only 2.5 percent of all families had 529 college savings accounts in 2013. [3] As of August 2020, more than $360 billion was invested in 529 college savings plans. [4] There are two types of 529 plans: prepaid plans and savings plans. Prepaid plans Prepaid plans allow one to purchase tuition credits at today's rates to be used in the future.
West Virginia’s plan, Smart 529 WV Direct College Savings Plan. ... A 529 college savings plan offers one of the best vehicles to save for a child’s educational costs, both for primary school ...
Education savings plans, in which the saver opens an investment account to pay for qualified college expenses, including tuition as well as room and board. ... “529 plans will provide the best ...
Diana Cantor is a lawyer, certified public accountant, and a managing director in a division of Emigrant Bank, a subsidiary of New York Private Bank & Trust Corp. [89] She founded, and from 1996 until 2008 was executive director of, the Virginia College Savings Plan (an agency of the Commonwealth of Virginia).
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