FAQ Edvest: What Are the State and Federal Tax Advantages?
When you contribute to the Edvest College Savings Plan, any account earnings can grow federal and Wisconsin income tax free. Plus, withdrawals used to pay for qualified higher education expenses will be free from federal and Wisconsin income tax. Non-qualified withdrawals may be subject to federal and state taxes and the additional federal 10% tax.
- FAQ Edvest: Tax Advantages to College Savings (wistatetreasury.wordpress.com)
- FAQ Edvest: Is there a Limit to what I can Contribute? (wistatetreasury.wordpress.com)
- FAQ Edvest: What Are the Plan Fees? (wistatetreasury.wordpress.com)
- FAQ Edvest: What are Differences Between Old and New Plan? (wistatetreasury.wordpress.com)