Saving with Virginia529
On Demand
The Tax Benefits of Saving With Virginia529
29:48
In a 529 account, your money can grow free from federal taxes when used to fund qualified higher education expenses at eligible education institutions nationwide. Virginia taxpayers enjoy the additional benefit of a state income tax deduction on contributions to a Virginia529 account. Join this session to hear:
- A brief overview of Invest529 features and options
- Federal tax advantages of 529 savings
- How to receive a Virginia state income tax deduction and tax-free earnings
- Upcoming deadlines to submit a contribution for a 2021 Virginia state tax deduction
Resources to help you learn
Frequently Asked Questions
Find answers to the most common questions about 529 plans.
Smart Savers Blog
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Invest529 Portfolio Performance
Review and compare historical returns of Invest529 portfolios.