529 Plans

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August 25, 2024 4 min read Definitions
Qualified Tuition Program (QTP, 529 Plan): Tax-Advantaged Education Savings
Finance Education Investment Taxation Savings College 529 Plans
An investment vehicle created under the Small Business Job Protection Act of 1996 that allows individuals to make tax-deductible contributions to accounts that accumulate tax-free income if used to cover a beneficiary's qualified educational expenses.
Read more about Qualified Tuition Program (QTP, 529 Plan): Tax-Advantaged Education Savings.

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