Being in New York gives my in-state clients a great plan right off the bat — and plenty of people from out-of-state use New York’s 529 plan, too, because of its investment options. The fact ...

Responding to a recent call from a financial advisor in New Jersey, the ERISA consultants at the Retirement Learning Center (RLC) address whether a client who has several 529 plans in different states ...

Additionally, it's possible for the person funding the account to get a state income tax deduction on their contributions. Money in a 529 plan "grows tax-deferred, which means it isn't subject to ...

New York's low-cost 529 College Savings Program ... you can establish one in another state. A 529 plan usually offers several investment options (usually mutual funds or ETFs, ranging from ...

Although 529 savings plan contributions aren't deductible on your federal income tax return, they can be deducted on state income tax returns in many cases. Plus, 529 savings plan contributions ...

529 plan contributions and qualified withdrawals are tax-free. If you pay state income taxes, you’ll need to report 529 contributions on your tax return as well as any withdrawals for qualified ...