Daily Archives: July 25, 2013

Exploiting the Colorado 529 Tax-Deduction Loophole

Colorado’s state-sponsored college savings plans are especially taxpayer-friendly.  The various 529 plans allow for a full Colorado state income tax deduction for contributions made to the plan by state residents, and funds withdrawn for qualified higher education expenses will be free of federal and state income taxes for any investment gains. While 529 plans can […]

Posted in college funding, investing, taxes | Comments closed