Give the lasting gift of education with VT529
This holiday season, consider planning for loved ones’ future opportunities with the gift of education. Just about any job or career students aspire to will require some form of college or training after high school. Saving for that education now with VT529 is a thoughtful way to show you care … and offers you federal and state tax benefits to make those savings go further.
With VT529 plan, Vermont’s official 529 savings program, what you save each year can add up more quickly with a 10% Vermont income tax credit on the annual contributions to your account, plus other federal tax advantages.
Whatever the age of your student, Vermont’s 529 education savings plan can help you create opportunities for them … and you can grow your savings as your students grow, so that education funding will be there when they are ready.
VT529 savings can help pay for tuition, computers, housing, meals, travel, fees, and the costs for qualified programs or retraining at institutions throughout the U.S. (as well as at schools in Canada and around the world). You can even use the funds to pay back student loans.
VT529 funds can be used for qualified:
✓ apprenticeships
✓ certificate programs
✓ technical education
✓ college & grad school
… and more!
It’s easy to start saving and give a lasting gift:
- Open an account with just $25.
- Contribute any amount into an existing account.
- Purchase a VSAC Gift of College gift card.
There is no age or time limit on when your savings are used. And if your intended beneficiary decides not to use the savings, you can transfer the funds to a different beneficiary. Learn more about the flexible benefits of VT529.