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One Big Beautiful Bill' makes 529 plans more flexible, some skeptics say the education savings plans still may not be ...
M.S. Barrett, the mother of a current Howard University student, created an account in December 2006 for her daughter with the Maryland 529 program (named after the section of the federal tax code ...
The top-ranked Maryland College Investment Plan offers in-state residents the best benefits, because account holders can get a state tax deduction worth up to $5,000 per beneficiary for joint ...
The tax also would have fallen on account holders with multiple prepaid plans if they chose to roll over some or all of those accounts. The prepaid trust, unlike the state’s traditional 529 plan ...
The Maryland congressman wants the agency to relax a 10 percent penalty levied on 529 college savings account owners who rollover the funds in their accounts more than once a year.
The U.S. Treasury and IRS said Thursday that they would not tax parents with multiple accounts in the Maryland 529 Prepaid College Trust to execute an accounts transfer.
More than five weeks after taking over the troubled Maryland 529 college tuition savings agency, state Treasurer Dereck Davis said his staff is restoring interest earned under the same rates prepai… ...
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