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  2. What is a 529 plan and how is it used? - AOL

    www.aol.com/finance/529-plan-used-175045824.html

    The rules for each state plan differ, so you need to know the specific rules for your plan. What are the different types of 529 plans? The 529 plan has two major types: a prepaid tuition plan and ...

  3. 529 plan contribution limits for 2024: What college savers ...

    www.aol.com/finance/529-plan-contribution-limits...

    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 ...

  4. My wife and I saved up $73,000 in 529 college savings plans ...

    www.aol.com/finance/wife-saved-73-000-529...

    A 529 plan is a tax-advantaged savings plan designed to help parents or grandparents cover the costs of their child’s or grandchild’s education. ... at the state level, which means the rules ...

  5. 529 plan - Wikipedia

    en.wikipedia.org/wiki/529_plan

    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 ...

  6. 4 Common 529 Plan Myths You Need to Know - AOL

    www.aol.com/finance/4-common-529-plan-myths...

    It's important to know exactly how 529 plans work.

  7. Are 529 College Savings Plans Tax Deductible?

    www.aol.com/529-college-savings-plans-tax...

    State. Tax Treatment of 529 Plan Contributions. California. No deduction or credit. Illinois. Maximum deduction of $10,000 ($20,000 for married joint filers) per year

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