529 PLANS

529 News

Recent State News

Ohio doubles 529 state tax deduction for residents, increases rates on CDs

(January 11, 2018) - Ohio residents can now deduct up to $4,000 (any filing status) for contributions to an Ohio 529 plan for each beneficiary, up from $2,000.

New Mexico launching ABLE program January 18, 2018

(January 8, 2018) - ABLE New Mexico, administered by the State Treasurer's office, will allow residents living with disabilities to save for education and other living expenses in a tax-advantaged account without jeopardizing public benefits like Social Security or Medicare.

The State of Washington is launching a new direct-sold 529 plan

(October 22, 2017) - The State of Washington is launching a new direct-sold 529 plan, which will be available to investors in early 2018. BNY Mellon will provide program and investment management services to the plan.

For more information, click here.

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