529 plans and state tax benefits - J.P. Morgan
With New York’s 529 Advisor-Guided College Savings Program, New York taxpayers can deduct up to $5,000 in contributions from their state income taxes each year ($10,000 if married filing jointly).2 n TAX PARITY STATES These states offer a tax deduction for contributing to any 529 plan, including out-of-state plans that may be more attractive ................
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