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- A tax-advantaged way to save significant sums for college
- Contribute up to $55,000 in your first year, and up to $250,000 total per child, depending upon the plan you choose
- Qualified withdrawals are free of federal taxes, and can also be free of state taxes depending upon the plan you choose
- No income limitations for you; no age restrictions for your beneficiary
- You control all disbursements, and can change beneficiaries at any time
- You have a variety of investments from which to choose
- Returns are approximately parallel to similar mutual fund investments
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