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‘Tis the season for giving.

Find out how to give the gift of education to someone you love.


Frequently Asked Questions


How Do I:

You can open an Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. in one of three ways:

Enroll Online

Download and Mail in an Enrollment Application

Order Enrollment Kit

You can make a contribution any time online at My Account. Funds can automatically be transferred from your bank account on a regular basis using an Automatic Investment Plan (AIP):  Contributions to your Account in a fixed amount of money in regular intervals. Funds are automatically deducted from the Account Owner's bank account or other financial institution, or through payroll deductions. .

You can request a withdrawal online at My Account or you can complete a Withdrawal Request Form and mail it in. Payments can be made directly to the educational institution, Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. or beneficiary. For details, please check the Plan Description and Savings Trust Agreement.

You can use the Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. maintenance features at My Account to:

  • Change Your Investment Options
  • Add or Change Successor Account Owner:  A successor account owner becomes the owner of the account in the event of the death of the Account Owner.
  • Establish, Change or Delete your AIP
  • Change Your Elected Investment Allocation
  • Change Address or Phone Numbers
  • Alternatively, you can use the Account Maintenance Form to update your account

General

Named after Section 529:  Section 529 of the Internal Revenue Code specifies the requirements for qualified tuition programs (529 Plans). of the Internal Revenue Code, state-sponsored 529 Plan:  A 529 plan is an education savings plan operated by a state or an educational institution and designed to help families set aside funds for college. It is named after Section 529 of the internal revenue code, which authorized these types of tax-advantaged savings plans in 1996. Earnings on 529 plans are tax-free if used for qualified higher education expenses. (Unqualified withdrawals may be taxable as ordinary income and subject to a 10% federal tax penalty.) The Pension Protection Act of 2006 made the tax-free character of 529s a permanent part of federal law. are investment plans that receive special tax benefits. Also referred to as qualified tuition programs, 529 plans are specifically designed to help families—regardless of income level—save for college expenses such as tuition, books, and room and board. Investments grow tax deferred, and Qualified Withdrawals:  A distribution from an Account that is used to pay for Qualified Higher Education Expenses for the Beneficiary at an Eligible Educational Institution. These withdrawals are tax free when used to cover expenses such as tuition, room and board, books, supplies, and other equipment intended for college use. are federal tax free.

All U.S. citizens and permanent resident aliens 18 years of age or older. There are no income or state residency restrictions. Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. can also be established by a corporation, partnership or trust; a state or local government, or tax-exempt organization described in Section 501(c)(3) of the Internal Revenue Code; or a custodian under a UGMA/UTMA account.

Any U.S. resident. For instance, you can set up an Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. for your child, grandchild, spouse or someone who is not related to you. If you are planning to attend college or graduate school, you can open an account for yourself.

A government entity or 501(c)(3) not-for-profit organization can establish an Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. to fund scholarship programs without designating a Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
at the time the Account is established.

The Texas College Savings Plan is open to all U.S. citizens or permanent resident aliens 18 years of age or older, with a valid social security number, without any state residency restrictions.

No. The money can be used at any accredited public or private post-secondary institution in the United States and abroad. This includes most two-year and four-year colleges and universities, vocational and technical schools, graduate schools, professional, medical and law schools. With certain restrictions, the money can also be used for K-12 tuition, registered apprenticeship programs and student loan repayment.

Recent tax reform legislation changes allowing for payment of K-12 tuition were on a federal level, and the tax consequences of using 529 Plan:  A 529 plan is an education savings plan operated by a state or an educational institution and designed to help families set aside funds for college. It is named after Section 529 of the internal revenue code, which authorized these types of tax-advantaged savings plans in 1996. Earnings on 529 plans are tax-free if used for qualified higher education expenses. (Unqualified withdrawals may be taxable as ordinary income and subject to a 10% federal tax penalty.) The Pension Protection Act of 2006 made the tax-free character of 529s a permanent part of federal law. for elementary or secondary education tuition expenses will vary depending on state law and may include recapture of tax deductions received from the original state as well as penalties. The Account Owner:  The individual or entity signing the Application and establishing an Account or any successor to such individual or entity. References in this Glossary to “you” or “your” mean the Account Owner in such capacity. should consult with a tax or legal advisor before using the Plan:  The Texas College Savings Plan, which is a 529 plan. for K-12 tuition.

Many states offer similar college savings programs. You should compare the benefits carefully before choosing a plan. Keep in mind that many plans offer additional state tax or other benefits only to residents of the state offering the plan.

Most schools assigned a federal school code by the Department of Education are eligible. We suggest you perform a Federal School Code search and confirm with the school.

Section 529:  Section 529 of the Internal Revenue Code specifies the requirements for qualified tuition programs (529 Plans). of the Internal Revenue Code defines “qualified higher education expenses” as tuition, fees, books, supplies, and equipment required for a Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
enrollment or attendance at an Eligible Educational Institution:  Accredited post-secondary educational institution offering credit toward a bachelor's degree, an associate's degree, a graduate-level or professional degree, or another recognized post-secondary credential that is eligible to participate in certain federal student financial aid programs. Certain proprietary institutions, foreign institutions, and post‑secondary vocational institutions are also included, as are certain specified military academies. . The term includes computers and peripherals, software (except for non-educational sports, games, or hobby software), and internet service, provided they are used primarily by the beneficiary while enrolled at an eligible educational institution. Expenses for special needs services incurred in connection with enrollment or attendance at an eligible educational institution are also included in the definition.

For beneficiaries who are enrolled at least half-time at an Eligible Educational Institution:  Accredited post-secondary educational institution offering credit toward a bachelor's degree, an associate's degree, a graduate-level or professional degree, or another recognized post-secondary credential that is eligible to participate in certain federal student financial aid programs. Certain proprietary institutions, foreign institutions, and post‑secondary vocational institutions are also included, as are certain specified military academies. , qualified higher education expenses include reasonable room and board. The amount of room and board cannot exceed the greater of: (1) the allowance included in the “cost of attendance,” as defined under federal law, as determined by the eligible educational institution for the period; or (2) the actual invoice amount charged to the Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
for room and board, if the beneficiary resides in housing owned or operated by the eligible educational institution.

The following expenses are also treated as qualified higher education expenses under Code, or IRC:  The Internal Revenue Code of 1986, as amended. §529:

  • Up to $10,000 per year of your Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

    A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
    K-12 tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school;
  • Fees, books, supplies, and equipment necessary to participate in a registered apprenticeship program; and
  • Up to $10,000 in amounts paid as principal or interest on any qualified education loan (as defined in Code, or IRC:  The Internal Revenue Code of 1986, as amended. §221(d)) of the beneficiary or a sibling of the beneficiary (“qualified student loan repayments”). Note that the state tax consequences of using 529 Plan:  A 529 plan is an education savings plan operated by a state or an educational institution and designed to help families set aside funds for college. It is named after Section 529 of the internal revenue code, which authorized these types of tax-advantaged savings plans in 1996. Earnings on 529 plans are tax-free if used for qualified higher education expenses. (Unqualified withdrawals may be taxable as ordinary income and subject to a 10% federal tax penalty.) The Pension Protection Act of 2006 made the tax-free character of 529s a permanent part of federal law. for K-12 tuition will vary by state and may involve taxes, penalties, and the recapture of tax deductions.

Recent tax reform legislation changes allowing for payment of K-12 tuition were on a federal level, and the tax consequences of using 529 Plan:  A 529 plan is an education savings plan operated by a state or an educational institution and designed to help families set aside funds for college. It is named after Section 529 of the internal revenue code, which authorized these types of tax-advantaged savings plans in 1996. Earnings on 529 plans are tax-free if used for qualified higher education expenses. (Unqualified withdrawals may be taxable as ordinary income and subject to a 10% federal tax penalty.) The Pension Protection Act of 2006 made the tax-free character of 529s a permanent part of federal law. for elementary or secondary education tuition expenses will vary depending on state law and may include recapture of tax deductions received from the original state as well as penalties. The Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. should consult with a tax or legal advisor before using the Plan:  The Texas College Savings Plan, which is a 529 plan. for K-12 tuition.

An important factor for determining federal financial aid eligibility is the expected family contribution. When figuring the role of 529 Plan:  A 529 plan is an education savings plan operated by a state or an educational institution and designed to help families set aside funds for college. It is named after Section 529 of the internal revenue code, which authorized these types of tax-advantaged savings plans in 1996. Earnings on 529 plans are tax-free if used for qualified higher education expenses. (Unqualified withdrawals may be taxable as ordinary income and subject to a 10% federal tax penalty.) The Pension Protection Act of 2006 made the tax-free character of 529s a permanent part of federal law. assets toward that contribution, the following points are considered:

  • If the child’s parent is the Account Owner:  The individual or entity signing the Application and establishing an Account or any successor to such individual or entity. References in this Glossary to “you” or “your” mean the Account Owner in such capacity. , the account assets will be treated as assets of the parent.
  • If a dependent child is the account owner, or the Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

    A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
    of a Texas College Savings Plan account holding assets transferred from a Uniform Gift to Minors Act (UGMA) or Uniform Transfer to Minors Act (UTMA) account, the account assets will not be counted.

If your Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
receives a scholarship for higher education expenses, you can withdraw an amount equal to the value of the scholarship from your account(s) or Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. . Earnings on the amount you withdraw would be taxed at your tax rate but will not be subject to the additional 10% federal tax.

As the Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. , you always have control of your withdrawals. If the Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
chooses not to attend college, you have three options:

Keep the funds in the Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. . Since there are no age restrictions on the investments, they will be available in future years if the beneficiary changes his or her mind about school.

Change the Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
. You can change your beneficiary at any time without tax implications, provided that your new beneficiary is a qualified family member. You should consult your tax advisor to determine whether this may create a taxable gift.

Make a nonqualified withdrawal. Earnings will be subject to federal income taxes and any applicable state tax, as well as an additional 10% federal penalty unless you qualify for an exception to the penalty.

Coverdell Education Savings Accounts offer similar tax advantages, but contributions are limited to $2,000 per year which may not be sufficient to adequately fund a college education. In addition, Coverdell accounts restrict who can contribute based on income levels.

Contributions and Withdrawals

You can open a Texas College Savings Plan 529 account with as little as $25, and subsequent contributions can be as small as $15 when funding an Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. through an Automatic Investment Plan (AIP):  Contributions to your Account in a fixed amount of money in regular intervals. Funds are automatically deducted from the Account Owner's bank account or other financial institution, or through payroll deductions. or payroll deduction. The maximum contribution amount is $500,000.1

You can take money from your Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. at any time. However, if the money is not used to pay for qualified higher education expenses, earnings will be subject to ordinary federal income tax and any applicable state tax, as well as an additional 10% federal penalty unless you qualify for an exception to the penalty.

The additional 10% federal tax penalty does not apply to the following distributions:

  • Paid to a Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

    A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
    (or to the estate of the designated beneficiary) on or after the death of the designated beneficiary;
  • Made if the designated beneficiary becomes disabled in accordance with federal law;
  • Made on account of the attendance of the designated beneficiary at a U.S. military academy (to the extent that the amount of the distribution doesn’t exceed the costs of advanced education as defined in section 2005(d)(3) of title 10 of the U.S. Code attributable to such attendance);
  • Included in income because the designated beneficiary received a tax-free scholarship or fellowship grant, veterans’ educational assistance, employer-provided educational assistance or other nontaxable payments received as educational assistance (to the extent the distribution isn’t more than the scholarship, allowance or payment);
  • Included in income only because the qualified education expenses were taken into account in determining the American opportunity or lifetime learning credit.

Investment Options

You may view Recent Total Returns, Annual Average Returns or Prices.

Should your goals or needs change, you have the flexibility to rebalance your existing investment options twice per calendar year to different portfolios available within the Program. See the Plan Description and Savings Trust Agreement for details.

Rollover and Transfer

Yes. You must first redeem your current UGMA/UTMA account. 529 accounts opened with assets from a UGMA/UTMA account are subject to additional restrictions. Please see the Plan Description and Savings Trust Agreement for more details.

Yes, the IRS allows a tax free Rollover:  A transfer of funds from one qualified 529 Plan account to another qualified 529 Plan account. If the transfer is completed within 60 days and is made to an account for the same Beneficiary or a Member of the Family, the rollover may be considered a tax-free transaction. Please see the Plan Description for specific situations. Funds in a qualified 529 plan account may also be rolled over to a qualified ABLE program account tax free before January 1, 2026, provided certain conditions are met. from a 529 account to another 529 account of the same Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
or a Member of the Family of the beneficiary if these requirements are satisfied:

  • The rollover must occur within 60 days of the distribution;
  • Only one rollover from a 529 plan to another 529 plan per twelve-month period for the same beneficiary is allowed. This restriction does not apply to a member of family of the beneficiary.

For further details on rollovers from a 529 Plan:  A 529 plan is an education savings plan operated by a state or an educational institution and designed to help families set aside funds for college. It is named after Section 529 of the internal revenue code, which authorized these types of tax-advantaged savings plans in 1996. Earnings on 529 plans are tax-free if used for qualified higher education expenses. (Unqualified withdrawals may be taxable as ordinary income and subject to a 10% federal tax penalty.) The Pension Protection Act of 2006 made the tax-free character of 529s a permanent part of federal law. to another 529 plan account, see the Plan Description and Savings Trust Agreement. Complete our Rollover Form.

Yes, the IRS allows a tax free Rollover:  A transfer of funds from one qualified 529 Plan account to another qualified 529 Plan account. If the transfer is completed within 60 days and is made to an account for the same Beneficiary or a Member of the Family, the rollover may be considered a tax-free transaction. Please see the Plan Description for specific situations. Funds in a qualified 529 plan account may also be rolled over to a qualified ABLE program account tax free before January 1, 2026, provided certain conditions are met. from a 529 account made after December 22, 2017 and before January 1, 2026 to an ABLE account of the designated Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
of that 529 account or of a member of the family of that designated beneficiary if these requirements are satisfied:

  • The rollover must occur within 60 days of the distribution and
  • The rollover amount when added with all other ABLE contributions for the taxable year that are subject to the annual gift tax exclusion must not exceed that limit. For 2022, the annual gift tax exclusion is $16,000 per year for single filers ($32,000 if married filing jointly).

For further details on rollovers from a 529 Plan:  A 529 plan is an education savings plan operated by a state or an educational institution and designed to help families set aside funds for college. It is named after Section 529 of the internal revenue code, which authorized these types of tax-advantaged savings plans in 1996. Earnings on 529 plans are tax-free if used for qualified higher education expenses. (Unqualified withdrawals may be taxable as ordinary income and subject to a 10% federal tax penalty.) The Pension Protection Act of 2006 made the tax-free character of 529s a permanent part of federal law. to an ABLE account, see the Plan Description and Savings Trust Agreement. If you are planning on rolling over your Texas College Savings Plan Account to the Texas ABLE Plan, complete our Rollover Form.

1 The maximum contribution limit is currently $500,000 per Designated Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
aggregated across all Account:  A savings trust account established by an Account Owner pursuant to the Savings Trust Agreement for purposes of investing in one or more portfolios. Accounts are part of the Plan and are held in the name of the Plan on behalf of and for the benefit of the Account Owners and the Beneficiaries. in Texas-sponsored and cannot exceed this limit. Accounts that have reached the limit may continue to accrue earnings, but additional contributions, including those from Rollover:  A transfer of funds from one qualified 529 Plan account to another qualified 529 Plan account. If the transfer is completed within 60 days and is made to an account for the same Beneficiary or a Member of the Family, the rollover may be considered a tax-free transaction. Please see the Plan Description for specific situations. Funds in a qualified 529 plan account may also be rolled over to a qualified ABLE program account tax free before January 1, 2026, provided certain conditions are met. , are prohibited. See the Plan Description and Savings Trust Agreement for details.




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