Help them reach their goals! Start now with VT529.
Back-to-school can mean anything from drop-off at daycare, a first big yellow bus ride, a shiny new set of tools, or move-in day in a dorm. As students of all ages engage in new school or training experiences this fall, it’s also time to think about planning for future education opportunities. That focus forward is important because just about any job or career students aspire to will require some form of education after high school.
Here in the Green Mountain State, the VT529 plan makes saving for college and other training past high school easy. And what you save each year will add up more quickly with a 10% Vermont income tax credit on the annual contributions to your VT529 account, plus other federal tax advantages.
So if you’re curious about how to start planning and saving for the future education of the children in your life, you’re in the right place. Whatever the age of your student, Vermont’s 529 education savings plan can help you create opportunities for them … and offers you federal and state tax benefits. With VT529, 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, room and board or off-campus housing, travel, fees, and the costs for qualified apprenticeship 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:
- 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.