May 2007
Soldiers;May2007, Vol. 62 Issue 5, p35
The article focuses on the Vanguard 529 College Savings Plan being offered by the Military Officers Association of America (MOAA) to officers and enlisted members to provide them a low-cost way to save for a child's or grandchild's college education. It notes that withdrawals from the plan are free from federal income taxes when used for higher education. It mentions that certain states also allow contributions to the plan to be deducted from state income taxes.


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