Join HRA for a presentation about the expanded benefits of 529 Savings Plans and how it affects you onWednesday, February 7 at 6 p.m. at HRA’s Svein J. Lassen Auditorium. A representative from America Funds will discuss the new Tax Reform Bill which includes a provision to expand the benefits of 529 savings plans to include tax free distributions to pay for Kindergarten - Grade 12 expenses.
You will learn more about:
State income tax deduction up to $4,000 per child, per year
State income tax deduction is unlimited for grandparents over 70
Assets grow tax deferred and can be used for qualified expenses tax free
Parent/Grandparent has control
Significant benefits for any family considering education choices
Bring a friend or family member to this Parents' Association sponsored presentation to learn how they can benefit from 529 Savings Plans!