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  2. How to use a tax refund or profit-sharing check to save for ...

    www.aol.com/tax-refund-profit-sharing-check...

    The 529 savings plan in Michigan, Kantrowitz noted, is now bigger than its prepaid tuition plan. ... Savers can invest directly into the MESP and select their own investment options, including age ...

  3. Michigan Education Savings Program - Wikipedia

    en.wikipedia.org/wiki/Michigan_Education_Savings...

    The Michigan Education Savings Program (MESP) is a 529 savings plan that is administered by the Michigan Department of Treasury. Michigan residents who contribute to this plan can deduct up to $5,000 (up to $10,000 for joint filers) from their state income tax each year. MI State Matching Grants based on MESP contributions are not currently ...

  4. 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 ...

  5. Best 529 Plans - AOL

    www.aol.com/news/best-529-plans-185931450.html

    With student loan debt reach record levels, American families are seeking more ways to help their children save for higher education. One solid option is investing in a 529 college savings plan.

  6. How to pick the best 529 plan - AOL

    www.aol.com/finance/pick-best-529-plan-173608708...

    New York’s 529 plan, Direct Plan. New York’s plan is available to residents of any state, and it offers low-cost investment options using Vanguard funds, well known for keeping investment ...

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

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

    Named after Section 529 of the Internal Revenue Code, a 529 can even be used for student loan repayment (up to $10,000) under the SECURE Act of 2019. How a 529 works

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