Federal tax reform update


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with the snowball effect


You could roll your money into more money with the snowball effect called compounding. Invest in NY's 529 Direct Plan and put it to work for you.


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*Up to $10,000 is deductible annually from New York State taxable income for married couples filing jointly; single taxpayers can deduct up to $5,000 annually. State tax benefits for non-resident New York taxpayers may vary. State tax deductions may be subject to recapture in certain circumstances such as rollovers to another state's 529 plan or nonqualified withdrawals. Please consult your tax advisor.