Spring into triple tax benefits
including up to $8,000 in state tax deductions per beneficiary if married and filing jointly ($4,000 for single filers). Open a Path2College account and contribute by 4/15/24 to enjoy this exclusive state tax benefit on your 2023 Georgia return.
Don’t let the clock run out!
Triple tax benefits of a Path2College 529 Plan
Your contributions can go further with Path2College 529 Plan tax benefits
State tax deduction
Georgia taxpayers may qualify for a state tax deduction up to $8,000 per year per beneficiary for joint filers ($4,000 for single filers) for contributions made into a Path2College 529 Plan.
100% tax-deferred growth
Any earnings can grow tax-deferred. When you pay less taxes, you may have the ability to earn more and grow your college savings account faster—giving your beneficiary an even bigger head start!
Tax-free withdrawals for qualified expenses
Withdraw tax-free for all qualified education expenses at any accredited college, university or technical college for tuition, room and board, books, computers and more.
Why a Path2College 529 Plan?
Your plan is financial aid friendly
Your 529 account is typically viewed as a parental asset for financial aid purposes and may count less against aid eligibility than the same funds held in your child’s name.1
Your child has options
Funds can be used at any accredited college or university across the country and abroad, technical colleges, and even professional schools and graduate schools.
You have more control
You’re never locked in and can withdraw your funds for any reason at any time.2
You enjoy more flexibility
Funds in your child’s account are transferable to another eligible family member, which includes siblings, stepchildren and even first cousins.