Let’s say you open a ScholarShare 529 account and your friend opens a taxable investment account.
You each contribute $1 the day your children are born. Thanks to the tax advantages available with ScholarShare 529, 18 years later you could have a lot more money for college.1
Smart choice, you.
1. Hypothetical example assuming 7% returns compounded continuously. Tax calculations assume the maximum federal capital gains tax rate of 20% and the maximum CA marginal tax rate of 13.3%, that all taxes are paid at the end of the 18th year, and that local taxes are in excess of federal deductible amounts. ScholarShare 529 tax status assumes use for approved higher education expenses.
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Learn About the Plan
Find out about the plan benefits, how it works, the tax advantages, and how the funds can be used.Learn MoreLearn more about the plan benefits
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Open an Account
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