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  • Did You Know #9

    here are no income limitations on a person’s ability to contribute to an account.

  • Did You Know #8

    Many states offer an income tax deduction or credit based on your contributions into a 529 plan.

  • Did you Know #7

    529 plans can be used to pay for tuition, room and board, fees, books, supplies, and equipment required for enrollment.

  • Did You Know #6

    529 plans come in two varieties: college savings plans and prepaid tuition plans.

  • Did You Know #5

    Your 529 plan contribution qualifies for the $14,000 annual gift tax exclusion.

  • Did You Know #4

    Some states offer matching grants and other benefits to participants in its 529 plan.

  • Did You Know #3

    The account owner of a 529 plan maintains control over the use of the account.

  • Did You Know #2

    Earnings from 529 plans are not taxed when used to pay for eligible college expenses.

  • Did You Know #1

    529 savings plans can be used at virtually any accredited college or university in the U.S. and at some foreign schools.

  • It’s Graduation Season Again

    By Paul Paeglis Executive Director, Ohio Tuition Trust Authority/CollegeAdvantage 529 June 8, 2015 Graduation season is the time of year when families and friends come together to celebrate accomplishments of […]

  • 529 Plan Advantages & Benefits

    529 plans are designed to encourage early and consistent savings by offering an easy, affordable and convenient way for families to save for college. While the tax advantages are one […]