Invest529
Direct-Sold
Virginia
At a glance
- Contribution benefit
- A tax deduction
Deduction capped at $4,000 per account per year, with unlimited carry-forward — excess contributions can be deducted in future years. After age 70, Virginia residents have no deduction amount limit.
- K–12 distributions
- Not listed as non-conforming
Virginia is not among the thirteen states the manuscript lists as disallowing K–12 distributions. Confirm against the program description below.
- Aggregate contribution maximum
- $675,000
Currently the highest aggregate limit in the nation.
- Creditor & bankruptcy protection
Significant state statutory protection of 529 funds from creditors and lawsuits.
Plans
Program description ↗
CollegeAmerica 529 Savings Plan
Advisor-Sold
Prepaid529
Prepaid Tuition
Flagship public university
Univ. of Virginia
| Tuition & fees | Room | Board | Books | Total | vs. national |
|---|---|---|---|---|---|
| $17,378 | $8,100 | $5,400 | $1,250 | $32,128 | +31.5% |
National average across all 50 states: $26,485 per year, in-state, 2025–26. Compare every state →
No statement or example on this site should be considered a specific recommendation for your personal situation. Investing and tax strategies each carry significant risks. Examples herein may not apply to your situation. Please consult your estate attorney, tax advisor, or financial advisor for personal advice.