529 college plans
Hi Terry how are you this morning I watched you this morning regarding 529 plans for college and I went into the site, however, I am from Illinois and my grandaughter is from Indiana. Would that be a problem when it came time for her to use it?
Terry Says
That’s not a problem. You can open an account for her in the Illinois plan — www.BrightStart.com — and she can use the money for any college in any state. And you can get a tax deduction on your Illinois taxes for up to $10,000 of contributions.
