Albert E. Bergen, CPA

Posts Tagged ‘ Education ’

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 ¬† Taxpayers can fund a 529 plan only with after tax dollars, but the money in the plan grows tax-free, and can be withdrawn tax-free if used for qualifying educational expenses.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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