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A 529 plan allows a participant to set up a tax-advantaged account to allow a beneficiary to use the funds for qualified education expenses. The participant deposits after-tax money in the account.
SSgA Upromise 529 Plan Tops $1 Billion In Assets BOSTON--(BUSINESS WIRE)-- State Street Global Advisors (SSgA)*, the asset management business of State Street Corporation (NYS: STT) , today ...
Here are five of the top 529 plans: Ohioās 529 plan, CollegeAdvantage. New Yorkās 529 plan, Direct Plan. Wisconsinās 529 plan, Edvest. West Virginiaās plan, Smart 529 WV Direct College ...
Ascensus, LLC. Ascensus, LLC. is an American financial services company that provides financial recordkeeping, tax-advantaged savings and retirement plan services. As of 2024, the company reports that it manages more than 14 million accounts and oversees more than $808 billion in assets under administration.
A 529 plan, also called a Qualified Tuition Program, [ 1] is a tax-advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary. In 2017, Kā12 public, private, and religious school tuition were included as qualified expenses for 529 plans along with post ...
You ā along with family members and friends ā can contribute to the 529 plan each year by depositing money in the account. Annual contribution limits vary, ranging from $235,000 in Georgia and ...
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