Looking for More Ways to Save?
Some of the reasons our account holders opened a SMART529 account, are:
Account Owner Control
1 Qualified Higher Education expenses include room and board, required supplies and equipment, books, tuition and fees
2 Non-qualified withdrawals are taxable as ordinary income to the extent of earnings, and may also be subject to a 10% federal income tax penalty and a withdrawal charge. Such withdrawals may have state income tax implications.
3 For the definition of “West Virginia resident,” please see the Offering Statement
4 For the definition of “Eligible Family Member,” please see Offering Statement