Maryland Prepaid College Trust
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Maryland529 is a state-administered organization that offers three savings plans designed to help families save for qualified education and disability-related expenses. These plans include the Maryland Senator Edward J. Kasemeyer Prepaid College Trust, the Maryland Senator Edward J. Kasemeyer College Investment Plan, and the Maryland ABLE Program.
The Maryland529 plans provide unique benefits such as an annual Maryland State income subtraction and tax-free earnings for eligible education expenses. The organization aims to empower Maryland families by offering flexible options for saving, ultimately reducing reliance on loans for future educational and disability-related costs.
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