More accounts and $36,100 in incentives added in first half of 2023 Almost twice as many people as last year have started saving for higher education with DE529 Education Savings Accounts according to State Treasurer Colleen Davis. More than 1,400 new DE529 accounts opened through June of 2023, a number 41% higher than during the […]
With Memorial Day falling on May 29th, we have the opportunity to remember the heroes of our past and take the opportunity to invest in the heroes of our future…our children. State Treasurer Colleen Davis once again joins the nationwide celebration of saving for higher education. 529 Day, which takes place every year on May […]
Also, unused education savings can soon rollover for retirement “First State, First Steps,” a pilot incentive program for Delawareans offering a $100 contribution to a new DE529 Education Savings Plan account added $37,700 to accounts over the last six months of 2022. “I am thrilled that our First State, First Steps program gave 377 young […]
The holiday season can be stressful as shoppers search for the perfect present. Opening a DE529 Education Savings Plan account or contributing to an already existing account lets you not only cross a gift off of your list but provide for the future as well.
Act now to save money when filing your 2022 tax return next year Thanks to a new law enacted by the Delaware General Assembly, Delaware taxpayers have new opportunities to save money. Delawareans who save for school with the DE529 Education Savings Plan may qualify for a new tax deduction on their state returns. “While […]