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The information you will need to open a 529 account may vary by plan. In general, though, expect to be asked for details such as Social Security number (or tax ID), date of birth, and address. You ...
Here are five of the top 529 plans: Ohio’s 529 plan, CollegeAdvantage. New York’s 529 plan, Direct Plan. Wisconsin’s 529 plan, Edvest. West Virginia’s plan, Smart 529 WV Direct College ...
“If the original beneficiary on a 529 plan account does not need the funds for any form of higher education, the beneficiary can be changed by the account owner, with no tax consequences, to a ...
529 plans are named after section 529 of the Internal Revenue Code — 26 U.S.C. § 529. While most plans allow investors from out of state, there can be significant state tax advantages and other benefits, such as matching grant and scholarship opportunities, protection from creditors and exemption from state financial aid calculations for ...
Virginia529 (VA 529) or Virginia529 College Savings Plan is the independent state agency responsible for Section 529 qualified tuition programs offered by the Commonwealth of Virginia. [1] Since 2018, Morningstar has named Virginia's Invest529 plan among the top 529 college savings plans in its annual analysis.
DreamAhead is administered by the Committee on Advanced Tuition Payment and College Savings. Sumday Administration, an affiliate of Bank of New York Mellon, is the plan's Program Manager. Investment advisory services are provided by Lockwood Advisors. Investment choices. A DreamAhead account can be opened with as little as $25.
Your 529 plan could be losing money due to fees, or you might not be getting the best tax savings available to you. The study estimated that suboptimal investments can result in a loss of 9% over ...
The Guaranteed Education Tuition Program, or GET Program, is one of two 529 college savings plans administered by Washington College Savings Plans (WA529). WA529 is part of Washington Student Achievement Council, an agency of the U.S. state of Washington for residents of the state. GET is a 529 prepaid tuition savings plan, while Washington's ...
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