The happenings "inside" the Wisconsin State Treasury and across the street at the State Capitol

FAQ Edvest: What Are the Tax Advantages?


edvest

What are the federal and state 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.
 
 
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