Give a Gift
You can open a Maryland 529 plan for all the important people in your life. You can even use it to save for your own education.
Distributions from 529 college savings plans for elementary or secondary education tuition expenses are federally and Maryland State tax-free. Outside of Maryland, state tax treatment will vary and could include state income taxes assessed, the recapture of previously deducted amounts from state taxes, and/or state-level penalties. You should consult with a tax or legal professional for additional information.