NextGen 529 is Maine’s Section 529 plan which many families use to save for higher education. Any earnings in a Section 529 plan are tax-free, when used to pay for qualified higher education expenses*. It’s never too early to start planning ahead for future education expenses, and opening a NextGen 529 account now can make a big difference later.
It is a good thing to give the Gift of Education, when a child has a NextGen 529 account anyone can invest in their future – family, friends, more!
NextGen 529 has Matching Grants for Maine Residents – up to $30% match in each calendar year. – don’t leave free money on the table.
Contribute $1,000 and get a $300 Matching Grant
Contribute $500 and get a $150 Matching Grant
Contribute $300 and get $90 Matching Grant.
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