no FEDERAL tax deduction for contributions to a 529

來源: demain 於 2008-03-18 09:37:41 [] [舊帖] [給我悄悄話] 閱讀數 : (221 bytes)
回答: 回複：529 education savings plan 由 demain 於 2008-03-18 08:46:04

http://en.wikipedia.org/wiki/529_plan

although contributions are not deductible to the donor, the principal grows tax-deferred and distributions for the beneficiary's college costs are exempt from tax.

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