Sumday Administration, LLC manages Oregon’s direct-sold 529 college savings plan, which utilizes several different fund managers. Both plans offer various tax benefits and Oregonians can make tax-deductible contributions.

Consider investment objectives, risks, charges and expenses before investing. Sumday Administration, LLC succeeded TIAA-CREF as program manager of the Oregon College Savings Plan … You could lose money by investing in an Oregon College Savings Plan account. Keep in mind, any Oregon resident can take a deduction or credit for their contribution to any Oregon College Savings Plan account: your own, your child’s or grandchild’s, niece’s, nephew’s or friend’s.
On a federal-level, there is no tax savings for contributions, but qualified distributions are tax-free. Oregon College Savings Plan, Salem, Oregon.

Celebrating education everywhere in Oregon. 5.3K likes. The refundable tax credit will replace the current tax deduction for plan contributions and offers Oregonians a unique opportunity to take advantage of both the tax deduction … The MFS 529 Savings Plan is an advisor-sold savings program and features a 529 share class of MFS mutual funds.

More information on each Oregon 529 plan can be viewed by clicking on the following … Sharing Oregon College Savings Plan news, promotions, and information on college savings. Starting January 1, 2020, Oregon will be the first state in the nation to offer a refundable tax credit for contributions made to its 529 College Savings Plan. Sumday Administration, LLC succeeded TIAA-CREF as program manager of the Oregon College Savings Plan on September 10, 2018. The Oregon College Savings Plan features enrollment-based and static portfolio options utilizing mutual funds from a variety of fund families and an FDIC-Insured Option. Oregon 529 Plan Tax Information Tax savings is one of the big benefits of using a 529 plan to save for college. Its advisor-sold choice, the MFS 529 Savings Plan, has a minimum initial deposit of $250. The Oregon College Savings Plan is a state-sponsored 529 plan that comes with special tax advantages and can be opened by just about anyone — parents, family, friends, even future students. Sumday Administration, LLC succeeded TIAA-CREF as program manager of the Oregon College Savings Plan … Oregon College Savings Plan accounts are not guaranteed by the Oregon Treasurer’s Office, the State of Oregon, any state agency or subdivision thereof, or their authorized agents or affiliates. Its direct-sold option allows you to begin investing with a minimum deposit of $25. Savings: explore opportunities to save for your educational expenses, such as through the Oregon College Savings Plan.

Under the Education Savings Credit, families who contribute to their Oregon College Savings Plan account in 2020 will receive an income tax credit when they file their taxes in 2021. Oregon College Savings Plan The Oregon College Savings Plan features enrollment-based and static portfolio options utilizing mutual funds from a variety of fund families and an FDIC-Insured Option.

It’s up to you to keep . Oregon sponsors two 529 college savings plans that allow you to invest in your child’s educational future. This is a 529 plan sponsored by the State of Oregon, which is an investment vehicle specifically designed Here are the The Oregon College Savings Plan allows U.S. citizens to invest in their children's educational future by starting out with as little as $25. The money saved in the Oregon College Savings Plan grows tax-free and can be used for qualified expenses like tuition, books, room and board, computers, and more.

Oregon College Savings Plan accounts are not guaranteed by the Oregon Treasurer’s Office, the State of Oregon, any state agency or subdivision thereof, or their authorized agents or affiliates. Sign in If this is your first time signing into your Oregon College Savings Plan account since Sumday became the plan manager or if you used a paper enrollment form to sign up, you need to create a new password to sign in.. Afterward, they can contribute up to $310,00. You could lose money by investing in an Oregon College Savings Plan account. Consider investment objectives, risks, charges and expenses before investing. The Oregon College Savings Plan features enrollment-based and static portfolio options utilizing mutual funds from a variety of fund families and an FDIC-Insured Option.