New Ben Lippen 529 Group Plan Opportunity
If you are interested in learning more about the benefits of this 529 Group Plan, you can reach out to Ben Lippen Parent, David Gilliam. David has obtained a group number for families of Ben Lippen School, in order for families to create 529 accounts as a free service with no fees attached.
The three reasons that you would need to utilize a 529 plan for private schools is as follows:
- New Tax Law that benefits private schools in South Carolina.
- South Carolina is one of 3 states in the nation that give DOLLAR per DOLLAR state tax write-off, up to $10,000 (with or without itemizing).
- The 529 account could save families up to $700 per child per year on their state taxes. (7% of what you put into the 529 up to 10,000, a possible savings of $700 per child).
For information about this plan, please reach out to:
in His grip,
Director of Upper School Admissions
Ben Lippen School