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Georgia's Path 2 College 5-2-9 Plan helps families save for college

Georgia's Path 2 College 5-2-9 Plan helps families save for college
Georgia's Path 2 College 5-2-9 Plan helps families save for college
Posted at 2:44 AM, Oct 02, 2018
and last updated 2018-10-02 00:25:32-04

(WTXL) - The Path 2 College 529 Plan is a college savings plan set up by the State of Georgia to help families save for college.

There are even tax advantages.

You get a state income tax deduction up to $4,000 per beneficiary per year for just putting money into the savings account.

And then when the money is used for college, it comes out federal and state-tax free.