Path2College GA 529 Plan

GA's plan just got a lot better. For 2020, the state tax deduction just doubled to $8,000 per year per beneficiary for joint returns and $4,000 for single taxpayers. You can save $480 on GA taxes if you file jointly and do the max contribution. The contributions grow tax free and may be withdrawn tax free if used for qualified education expenses which now include tuition for elementary or secondary public, private or religious school up to $10,000 per student per year.