529 PLANS

529 News

Oregon to increase 529 deduction in 2008

(August 3, 2007) - Oregon has enacted legislation to increase the maximum annual deduction for a married couple filing a joint return from $2,000 to $4,000, effective in 2008. For all other returns, the annual contribution cap remains at $2,000.

In addition, the contribution cap is to be adjusted each year for inflation.

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