529 News

Recent State News

Massachusetts approves income tax deduction for 529 plan contributions

(August 22, 2016) - Residents of Massachusetts can deduct contributions to an in-state 529 college savings plan, up to $1,000 per individual or $2,000 per married couple filing jointly starting 2017.

Nebraska to host activities and events to celebrate launch of the Enable Savings Plan

(June 22, 2016) - The Enable Act, a tax-advantaged savings vehicle designed to help people with disabilities, is scheduled to launch June 30th. The state of Nebraska is sponsoring "Embrace Enable", eight days of activities and events, which include a Facebook photo contest and an official launch party at Omaha's Doorly Zoo and Aquarium.

Washington to launch new college savings plan

(April 12, 2016) - A bill was recently signed that allows the Guaranteed Education Tuition Committee to set up a new 529 college savings plan in the state of Washington by the end of next year. In addition, the GET prepaid tuition program, which was suspended last year, is scheduled to reopen by July 1, 2017.

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