Collage Savings Iowa Plan

College Savings Iowa Plan

 

Iowa has a tax-advantage investment designed to help families save money for future college costs.

 

1.     Earnings grow and are federal and state tax-deferred. 

 

2.     QUALIFIED withdrawals remain tax-free. 

 

3.     In 2012 Iowa taxpayers can deduct the first $2,975 they contribute per account from state taxable income.

 

4.     Assets can be used at any accredited institution of higher learning in the USA.

 

5.     ANYONE can invest – parents, grandparents, other relatives, or friends.

 

6.     Invest for ANYONE – your child, grandchild, niece, or nephew – even for yourself!

 

7.     No income or residency restrictions.

 

 

Go to https://collegesavingsiowa.s.upromise.com/ and click on College Savings Iowa to get more information.

 

 

You can complete an online application in as fast as 10 minutes.

It takes a minimum of $25 to open an account.

 

The program is professionally managed by Vanguard.

 

Check it out!