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529 Plan

   Also found in: Wikipedia 0.01 sec.
529 College Savings Plan
An account into which persons deposit funds to save for university-related expenses. The funds in a 529 college savings account are tax-deferred and, if used directly to pay for college, tax exempt at the federal level. They are sometimes exempt at the state level as well. The plan exists in an attempt to make post-secondary education more affordable. See also: IRA, 401(k).

529 plan


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The first item concerns the number of 529 plan accounts in existence.
Benefits of 529 Plans First, the contributor to a 529 plan retains control over it.
But the history of Oregon's 529 plan has been troubled.
 
 
 
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