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Delaware News



 Pages Tagged With: "Delaware State Treasurer"

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 […]




Celebrating National ABLE to Save Month

August marks “ABLE to Save Month,” and Delaware State Treasurer Colleen Davis wants to use the opportunity to celebrate Delawareans with disabilities and the freedom, independence, and possibilities their ABLE accounts provide. ABLE (Achieving a Better Life Experience) plans allow individuals with disabilities and their families to save for a broad range of expenses on […]




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 […]




Lawmakers Approve Treasurer’s Retirement Legislation

Delaware EARNS is a “secure choice” program that amounts to State-facilitated, universally available retirement savings plans, providing a convenient way for all workers to save for retirement, particularly middle and low-income workers who lack access to employer-sponsored plans and small businesses that are unable to provide such a benefit.







 Pages Tagged With: "Delaware State Treasurer"

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 […]




Celebrating National ABLE to Save Month

August marks “ABLE to Save Month,” and Delaware State Treasurer Colleen Davis wants to use the opportunity to celebrate Delawareans with disabilities and the freedom, independence, and possibilities their ABLE accounts provide. ABLE (Achieving a Better Life Experience) plans allow individuals with disabilities and their families to save for a broad range of expenses on […]




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 […]




Lawmakers Approve Treasurer’s Retirement Legislation

Delaware EARNS is a “secure choice” program that amounts to State-facilitated, universally available retirement savings plans, providing a convenient way for all workers to save for retirement, particularly middle and low-income workers who lack access to employer-sponsored plans and small businesses that are unable to provide such a benefit.