154-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 2: Savings Plans
Radical Personal Finance
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Using the Five to Nine Account to Save on State Income Taxes
Many states give the owner of a five to nine count account either a full or partial state income deduction based upon their contributions. There were, there are a total of 34 states and also the district of columbia that offer that kind of a deduction. For most states, you do need to actually contribute to your own state's plan. So even the savings programmes need to be sponsored by a state. Not all plans are created equal when it comes to fees and expenses.
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