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Delaware News



 Pages Tagged With: "DE529"

New Tax Deduction for Contributions to Savings Plans

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 […]




Money Still Available for Foster Youth to Pursue Higher Education

Ten days remain before application deadline The application period for the new ASPIRE529 program, which provides $529 for foster youth aging out of the system to use for expenses related to continuing their education, closes July 31, 2022. “Many young adults face a lot of financial obstacles as they head out into the ‘real world’ […]




Treasurer Davis to Help Fund New Education Accounts

Qualified accounts to receive $100 contribution Continuing her commitment to make saving for higher education easier, Delaware State Treasurer Colleen Davis announces the “First State, First Steps” program. “I have said time and time again that it’s never too early to save for college and ‘First State, First Steps’ will help people get started,” Davis […]




Two State Sponsored Savings Programs to Bring New Tax Deductions

With the signing of House Bill 145, Delawareans who make contributions to DE529 Education Savings Plan accounts, or DEPENDABLE accounts, will be eligible for a deduction from their federal adjusted gross income (AGI) when filing their income taxes. “Creating pathways to economic empowerment remains one of my top priorities for our office,” said State Treasurer […]




Treasury Proposals Receive Funding in Governor’s Recommended Budget

Secure-choice retirement program, income tax deductions for saving both included In releasing his Fiscal Year 2023 recommended budget, Governor Carney showed his support for two important initiatives of the Office of the State Treasurer. Ensuring a way for all Delawareans to effectively save for retirement even if they have no access to an employer sponsored […]







 Pages Tagged With: "DE529"

New Tax Deduction for Contributions to Savings Plans

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 […]




Money Still Available for Foster Youth to Pursue Higher Education

Ten days remain before application deadline The application period for the new ASPIRE529 program, which provides $529 for foster youth aging out of the system to use for expenses related to continuing their education, closes July 31, 2022. “Many young adults face a lot of financial obstacles as they head out into the ‘real world’ […]




Treasurer Davis to Help Fund New Education Accounts

Qualified accounts to receive $100 contribution Continuing her commitment to make saving for higher education easier, Delaware State Treasurer Colleen Davis announces the “First State, First Steps” program. “I have said time and time again that it’s never too early to save for college and ‘First State, First Steps’ will help people get started,” Davis […]




Two State Sponsored Savings Programs to Bring New Tax Deductions

With the signing of House Bill 145, Delawareans who make contributions to DE529 Education Savings Plan accounts, or DEPENDABLE accounts, will be eligible for a deduction from their federal adjusted gross income (AGI) when filing their income taxes. “Creating pathways to economic empowerment remains one of my top priorities for our office,” said State Treasurer […]




Treasury Proposals Receive Funding in Governor’s Recommended Budget

Secure-choice retirement program, income tax deductions for saving both included In releasing his Fiscal Year 2023 recommended budget, Governor Carney showed his support for two important initiatives of the Office of the State Treasurer. Ensuring a way for all Delawareans to effectively save for retirement even if they have no access to an employer sponsored […]