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it is administered only by states
Meaghan Sullins
Wiki User
∙ 6y agoits not available in every state
Wiki User
∙ 12y agoThere are many college savings plans to choose from, one of the easiest is a 529 college savings plan. With a 529 you pay no tax on the earnings from the account, there is no age limit on the account and anyone can contribute to the plan. Its best to contact your financial insitution to find what will work best for your family and your child's educational goals.
Wiki User
∙ 12y agoA college savings plan in California works by helping you to save money for college. A college savings plan, also known as a 529 plan, allows you to deposite money into an account and have it grow tax free.
Wiki User
∙ 10y agoA college savings account can be opened at any bank with a college ID. You will also need your government, military, state ID or passport and proof of residency.
Wiki User
∙ 5y agoit's administered by states
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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 questions are important when enrolling in a college savings plan apex?
Provides savings for future college costs.
When is the enrollment plan for a 529 college savings plan?
Year around
Which education savings plan is the value of the investment dependent on the performance of the stock market?
529 college savings plan
When and how should I set up my child's college savings account?
You should start saving for you child's college savings account as soon as possible. A really good college savings plan is the 529 plan. With this plan you can set aside money for your child's college education and it will continue to grow tax free.
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 a plan that covers all qualified higher education expenses is known as the?
college savings plan
When is the enrollment period for a 529 college savings plan?
Year around
When is the enrollment period For 529 college savings plan?
Year around
A 529 plan apex?
answer: provides savings for a future college costs.
What are the requirements to qualify for a 529 College Savings Plan?
The 529 College Savings Plan has different requirements for each state. To see if you qualify for your state's requirements, you should check to see your specific requirements.
Do I need a 529 college savings plan for my son?
Depends. Using the 529 college savings plan is a great way to save money for the specific use of college. However, you may find a higher yield if you invest in CD or bonds.
