Michigan Department of Treasury - MiABLE
Tax Implications/Michigan Features • State of Michigan: Michigan ABLE contributors can claim up to a $5,000 (single filer) or $10,000 (joint filers) deduction on their Michigan income tax returns • Michigan has one of the highest allowable 529 limit ($500,000.00) • 5 Investment Options (100% Stock to 20% stock) Varies in Risk and Cost ................
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