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NY 529 Direct Plan offers college savers tax benefits, low contribution minimums, flexibility, and low costs.
New York's 529 Advisor-Guided College Savings Program is a college savings plan sponsored by the State of New York that provides a tax-advantaged way for families to save for the future costs of higher education.
529 basics; Saving early matters; Cost of college; The value of a degree; Articles to help you plan and save
For more information about New York's 529 College Savings Program Direct Plan, download a Disclosure Booklet and Tuition Savings Agreement or request one by calling 877-NYSAVES (877-697-2837). This document includes investment objectives, risks, charges, expenses, and other information.
The NYS 529 College Savings Plan is a type of investment plan that enables you to save money for a beneficiary to pay for higher education expenses. You can withdraw funds tax-free to cover nearly any type of college expense. 529 plans also offer additional state or federal tax benefits.
New York State residents can take advantage of two savings programs with tax benefits that help pay for college or disability expenses: NY's 529 College Savings and NY ABLE.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
New York has two 529 savings programs to choose from - a direct-sold plan featuring Vanguard mutual funds, and an advisor-sold program featuring funds from JPMorgan and SSgA. Both New York 529 plans are managed by Ascensus College Savings.
New York's 529 College Savings Program Direct Plan provides New York families with a tax-advantaged way to save for college, and allows City employees to save for college through easy payroll deductions.
NY 529 Direct Plan offers tax breaks, flexibility, low costs, convenience, and many other benefits.