Albert E. Bergen, CPA

Posts Tagged ‘ 529 plan ’

Maine NextGen Matching

There are tax benefits and matching grants available to Maine taxpayers who invest in a NextGen college savings plan.  Too many Mainers who could qualify for the NextGen matching grants are leaving that money on the table.  There seem to be an especially large number of families in the Lewiston-Auburn area who aren’t taking advantage…
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Improved Maine 529 Plan Incentives

Qualified tuition plans, more commonly known as 529 plans, offer parents and other relatives a tax-advantage way to save money for college.   Taxpayers can fund a 529 plan only with after tax dollars, but the money in the plan grows tax-free, and can be withdrawn tax-free if used for qualifying educational expenses.  There’s a…
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