The Arkansas Brighter Future 529 Plan, which is sponsored by the Arkansas Treasurer of State’s office, is an education savings plan that allows your savings to grow tax-deferred through a variety of investment options. Later, your money can be withdrawn tax-free to pay for educational expenses like tuition, housing, and supplies at nearly any two- or four-year college, university, vocational, or trade school nationwide. Funds in a 529 account may also be used at eligible institutions abroad. Plus, with recent plan changes, you can use 529 funds for K-12 private school tuition, apprenticeship costs, and student loan debt repayment.
There are several tax benefits for anyone who contributes to an Arkansas Brighter Future 529 account, including up to a $10,000 deduction for joint state income tax filers.
The gift of an education is an investment that can have a generational impact. With the Arkansas Brighter Future 529 Plan, you can help make your loved one’s future even brighter.
Learn additional information about the Arkansas Brighter Future 529 Plan.
