Treasurer of State Daniel Elliott announced that the Indiana529 education savings plans have exceeded $8 billion in assets in more than 447,000 accounts.
“Every hard-earned dollar invested in an Indiana529 plan is one less that will have to be borrowed and repaid with interest,” said Treasurer of State Daniel Elliott. “These investment accounts benefit from both tax-deferred growth and Indiana’s generous state tax credit, making an Indiana529 plan an incredibly powerful tool for funding education. We’re proud to offer this program to families investing for a future with less student loan debt.”
Indiana529 provides families with flexibility and choice when it comes to saving for education after high school. Funds can be used at any eligible school or qualified apprenticeship program, both in- and out-of-state. Accounts grow tax-deferred and distributions are tax-free as long as the money is withdrawn to pay for qualified education expenses like tuition, books, equipment, and fees.
Indiana taxpayers may also be eligible for an annual state income tax credit of 20 percent of contributions to Indiana529 accounts, worth up to $1,500 each year ($750 for married couples filing separately).
“Eight billion dollars is an amazing milestone given that Hoosiers can start saving with as little as ten dollars,” said program Executive Director Marissa Rowe. “The secret to investing is to start, and you can open an Indiana529 account online in as little as ten minutes.”
For an introduction to Indiana529 Savings Plans, register to attend a Webinar Wednesday at www.indiana529direct.com.
For more information about Indiana529 Savings Plans, visit www.myindiana529.com.
Title: Building Bridges: Women Supporting Women in the Workplace
Date: Wednesday, March 12, 2025
Time: 12:00 PM Eastern Time
Duration: 1 hour
Earn one (1) SHRM Professional Development Credit (PDC)!
Join us for an empowering one-hour webinar focused on creating and nurturing supportive networks among women professionals. Learn practical strategies for fostering meaningful connections and building a culture of mutual support in your workplace.
This interactive session will explore:
Perfect for professionals at all career stages who want to strengthen workplace relationships and create positive change. Whether you’re looking to become a better mentor, find support in your career journey, or build stronger professional relationships, this session offers practical insights and actionable steps.
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In this episode, we explore how language training isn’t just about speaking—it’s about understanding culture, elevating careers, and creating meaningful connections in the hospitality industry.
From mastering new languages to embracing a target culture, discover how professionals are using these skills to stand out and succeed in a global industry.
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