Iowa Deduction Finder: College Savings Iowa

By | January 3rd, 2011|Categories: State Taxes|Tags: , , , , |

One way to save for your children's or grandchildren's college tuition is through a "529 Plan."  A 529 Plan allows for tax-free earnings on investments, and distributions from the plan are tax-free as long as the distribution is used for college expenses.  As an added bonus, Iowa allows a tax deduction for contributions to an Iowa [...]