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CA Library Addresses April ScholarShare  Form

CA Library Addresses April ScholarShare Form

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A 529 plan is an investment account designed to help families save for college. California's 529 plan is called ScholarShare 529, and it has a bunch of benefits: things like low fees and expenses, investment options that are just automatically with your timeline. It's financial aid friendly and built to flex with whatever adventure your kid chooses. And any earnings grow 100% tax deferred, which means it's not subject to annual federal or state income taxes. And when you withdraw the money for qualified educational expenses, it's tax free. The thing is, you typically pay taxes on every dollar you earn a bank account, a mutual fund, other investment accounts, but not with ScholarShare 529 for making the most of your college savings. ScholarShare 529 is unsurpassed. You simply can't get more tax breaks with any other 529 plan than you can with ScholarShare 529.

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