TITLE

NEW 529 SAVINGS PLAN

PUB. DATE
May 2007
SOURCE
Soldiers;May2007, Vol. 62 Issue 5, p35
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
25063302

 

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