Nevada Passes Landmark 529 Tax Credit
Ascensus College Savings congratulates state treasurer, legislators for milestone bill
Sponsored by Sens.
“This legislation is going to help Nevada’s residents access education in a whole new way,” says
Treasurer Schwartz also comments, “This is another tool in the toolbox for longer-term financial planning. We have seen how the 401(k) industry has dramatically improved the nation’s retirement landscape. We anticipate the tax credit will allow employers to greatly enhance higher education saving goals.”
“Saving for higher education expenses is a significant endeavor.
The tax credit will become effective on
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For more information about any of the 529 college savings plans we administer please visit our website at www.ascensuscollegesavings.com. Please visit the State plan website to obtain the plan’s offering statement. Investment objectives, risks, charges, expenses, and other important information are included in a 529 plan's offering statement; read and consider it carefully before investing.
Please consider before investing in any 529 Plan whether your or the beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program.
Each 529 Plan is administered and offered by the applicable State.
When you invest in a 529 plan you are purchasing municipal securities whose value will vary with market conditions. Investment returns will vary depending upon the performance of the portfolios in the Plan you choose. Depending on market conditions, you could lose all or a portion of your money by investing in a Plan. Account owners assume all investment risks as well as responsibility for any federal and state tax consequences.
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