Financial Friday: Maryland 529
Do your children or grandchildren have a 529 Plan?
Did you know they could be eligible for a $250 or $500 State Contribution?
The State of Maryland and Maryland 529 have teamed up to help families save for future education. Click here for more information.
A 529 plan can be used for a Bachelor’s degree, an Associate’s degree, a trade or a vocational school.
The 529 plan allows you to contribute after tax dollars and the funds grow tax free.
There is no better gift than the gift of education. Applying the second step in The EPPIC Method™ can help you PLAN for a bright future for your children or grandchildren.
The 2019 application deadline is May 31, 2019, so don’t wait. Schedule your coaching call today to learn more about this program before it is too late.
*Prior to investing in a 529 Plan investors should consider whether the investor's or designated beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state's qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.