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No. Since the "529" refers to a section of IRS code, it is a national program. As long as the institution you want to attend is a qualified university or college it doesn't matter which state you attend in or save in.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoEducational institutions can offer a 529 prepaid plan but not a 529 savings plan (the private-college Independent 529 Plan is the only institution-sponsored ...Educational institutions can offer a 529 prepaid plan but not a 529 savings plan (the private-college Independent 529 Plan is the only institution-sponsored ...
Wiki User
∙ 11y agoYes, 529 plans can be used for colleges that are located out of state. You can live in one state, invest in a second, and then pay to a school in a third even.
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Where can I find information about college savings plans?
The CSPN or College Savings Plans network is a great online resource for college savings plans. The site gives you resources to help you get started and has information for every state. The site is: http://www.collegesavings.org/index.aspx
Do 529 College Savings plans adjust for inflation?
529 savings plans CAN adjust for inflation. This is usually based on the state your in and how large your savings plan is.
What information can you give me on a 529 savings plan?
529 Savings plans are designed to help someone save for college. Most 529 plans are state sponsored.
Where can I go to get some information on the 529 college savings plans?
A 529 college savings plan is a savings plan that is operated by a state or educational institution. You can find out more information at the following website: www.savingforcollege.com/intro_to_529s/
What is the 529 plan?
The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.
What is 529 plan?
The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.
What 529 plan?
The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.
What is the '529 Plan Comparison'?
The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.
Invest in Your Child's Future With a 529 Plan?
A 529 savings plan is a special investment that is specifically designed to help you pay for your child's education. It is important to note that there are two types of 529 plans available: Pre-paid Plans- This is a 529 plan run by a specific college, and the money invested in such a plan is intended to be used at that university. College Savings Plans- This is a state run 529 plan. The savings in a state run 529 savings plan can be used at any eligible university in the country.
What do the numbers mean in a 529 college savings plan?
The 529 college savings plan helps people save money for college. The 529 comes from the Internal Revenue Service code section that created the savings plan in 1996. This plan is operated by the university or college.
What states offer college savings plans to protect against rising tuition?
Be careful here. "529 plans" don't protect you against tuition increases, just the tax implications of saving for college. Every state offers at least one such plan. Check with your state's Department of Education to learn more.
What is a characteristic of the college savings plan?
it is administered only by states
