Helping save for education.
The MOST 529 plan is a tax-advantaged college savings plan sponsored by the state of Missouri. It allows individuals to save for education expenses for themselves, their children, or other beneficiaries. Contributions to the plan are invested in a variety of investment options, such as mutual funds, and earnings grow tax deferred. Withdrawals used for qualified education expenses, including tuition, room and board, and textbooks, are federally tax-free. Additionally, Missouri residents may also qualify for state tax deductions on contributions. The plan offers flexibility in terms of contribution amounts and investment options, making it a popular choice for saving for education expenses.
Attend an upcoming educational zoom session:
Zoom session will provide an overview of the MOST 529 Education Plan. Learn how to save for educational expenses including K-12 and post-secondary. Topics include plan basics, as well as the federal and state tax benefits.
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