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re: Savings Plan for Children - 529 vs. Other Options
Posted on 2/28/24 at 9:10 am to thunderbird1100
Posted on 2/28/24 at 9:10 am to thunderbird1100
So is there a better state plan than others or are they all the same basically?
1
Posted on 2/28/24 at 10:47 am to Civildawg
It depends on your state of residence. For example, LA has a relatively good 529 plan (in terms of investment options and fees), and other benefits for LA residents include a possible earnings enhancement (depending on income) and state income tax deduction (up to a limit).
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