The administrator is probably a mutual fund company not bank Archived Message
Posted by Potomac on March 7, 2017, 13:03:25, in reply to "is that something i can sign up for at any major bank? or do i need to know a guy?* "
Like to sign up my infant granddaughter I just went to the Maryland site and signed her up. T Rowe Price is behind the scenes. Many states offer a tax deduction or credit for residents using the home state's plan. Previous Message Previous Message if it's like illinois, you can deduct the amount of any contribution from state tax (up to a limit). yes, it's better than a savings account. amounts in a 529 are never taxed if used for educational purposes. Previous Message has to be better than some bank savings account, right? help.
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