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Can I claim a federal income tax deduction based on contributions to a 529 Plan?

Contributions to a 529 Plan do not reduce the taxable income of the contributor for federal tax purposes because they are made with after-tax dollars, much like a Roth IRA (Individual Retirement Account).


It takes less than 15 minutes to start saving for their future.

Get $50 when you enroll in a 529 Savings Plan by June 30!

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