Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are withdrawals from the plan tax-free?

Plan tax-free withdrawals
0
Posted

Are withdrawals from the plan tax-free?

0

Contributions to the Georgia Higher Education Savings Plan grow free from federal and state income tax. Through the power of compounding, the money you save in a tax-deferred account can provide greater potential for growth. And withdrawals used for qualified expenses will be free of both federal and Georgia income tax.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123