New York State 529 Plan
New York State single filers can deduct up to 5000 in annual contributions when calculating their New York state income tax. New York also has a 529 Able Plan as well. Best 529 Plans For 2021 Reviews Ratings And Rankings White Coat Investor New York state has taken a different approach from the Federal government and determined that withdrawals from your NY 529 plan will NOT be considered qualified withdrawals for New York state taxes when used on K-12 expenses. New york state 529 plan . New Yorks 529 Advisor-Guided College Savings Program is a college savings plan sponsored by the State of New York that provides a tax-advantaged way for families to save for the future costs of higher education. Please consult your tax advisor. New Yorks 529 College Savings Program is a traditional 529 plan that allows you to invest money today and reap tax benefits when you withdraw it to pay for qualified education expenses. 529 plans offer tax-advantaged ways to save money because inves...