Whitehouse & Company CPA's
Is there an income limit on who can open an account?


No. There is no income limit that controls who is eligible to open an account in either a college savings plan or a prepaid tuition plan. In addition, contributions may be made to a 529 account regardless of your income. By contrast, to contribute to a Coverdell education savings account, your income must be below a certain limit, depending on your filing status.

Prepared by Broadridge Investor Communication Solutions, Inc, Copyright 2011