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2. Are 529 plan contributions tax deductible? Plus other FAQs - AOL

   www.aol.com/finance/529-plan-contributions-tax...

   Some states offer deductions for 529 plan contributions up to certain limits. 529 plan contributions and qualified withdrawals are tax-free. If you pay state income taxes, you’ll need to report ...

3. 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

4. Here Are the 529 Plan Contribution Limits by State - AOL

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

   Plus, 529 savings plan contributions can be invested, similar to the structure of a 401(k), and any investment profits used to pay for qualified education expenses are 100% tax-free.

5. 529 plan - Wikipedia

   en.wikipedia.org/wiki/529_plan

   The earnings portion of money withdrawn from a 529 plan that is not spent on eligible expenses (or rolled over into an ABLE account for any eligible family member) is subject to income tax, an additional 10% federal tax penalty, and the possibility of a recapture of any state tax deductions or credits taken. For example, if $50,000 is ...

6. These States Have the Highest 529 Plan Tax Deductions - AOL

   www.aol.com/finance/states-highest-529-plan-tax...

   Opening a 529 plan is a tax-advantaged way to set aside money for college. The money you contribute can grow tax-deferred and qualified withdrawals are tax-free. While there is no federal tax ...

7. Can You Get a 529 Plan Tax Deduction? - AOL

   www.aol.com/529-plan-tax-deduction-185559472.html

   Contributing to a 529 college savings account can offer tax advantages, including tax-deferred growth and tax-free withdrawals for qualified education expenses. But you may be wondering if you can ...