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DO NOT STAPLE UIINYA MKT7896A ENROLL 0813 Page 1 of 12 New York s 529 Advisor-Guided College Savings Program Enrollment Application IMPORTANT INFORMATION ABOUT OPENING A NEW ACCOUNT. We are required.

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As long as they are at least 18 years old, a student can open a 529 plan and name himself the beneficiary. Adults seeking a career change or graduate school probably wouldn't have much time to build their savings, but they may still be able to claim a state tax deduction for their 529 plan contributions.

The information you will need to open a 529 account may vary by plan. In general, though, expect to be asked for details such as Social Security number (or tax ID), date of birth, and address. You must provide that information for both yourself (or the person opening the plan) as well as the beneficiary.

There are no fees to open an account in New York's 529 College Savings Program Direct Plan, and there is no minimum contribution amount to get started. Once you have an account, you'll pay only $1.20 in fees per year for every $1,000 you invest in the Direct Plan (0.12% total annual asset-based fee).

principal or interest payments on federally qualified education loans of the beneficiary or a sibling of the beneficiary up to a $10,000 lifetime limit per individual (qualified education loan repayments)

Account owners can deduct up to $5,000 in Plan contributions from New York state income taxes each year if single, and $10,000 if married filing jointly. These limits apply to the taxpayer, not to each individual beneficiary.

Enroll and Contribute to the Program To see the acceptable forms of contributions or to enroll, visit NY's 529 College Savings Program website or call the Program toll-free at 877-NYSAVES (877-697-2837).

You may also access your account online by clicking the link below. For account related issues, contact our service center at 1-800-774-2108.

While setting up a 529 plan for others is common, you can also set one up for yourself. In fact, setting up a 529 plan can be a great way to invest in yourself by helping you fund your education now or in the future. Read on to learn what you need to know about setting up your own personal 529 plan.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232