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  1. clydewolf says:

    Another advantage of the 529 plan is anyone can contribute. Think Grandparents, Aunts and Uncles, or your neighbor. These folks can contribute to a 529 plan that you are the owner or open a 529 plan for your child and act as the plan’s owner. Usually these folks can also claim the state income tax deduction.

    1. jblankenship says:

      Great point, Clyde. Another plus on the 529 side.

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