The Arkansas Brighter Future 529 Plan is encouraging Arkansans who contributed to a 529 account in 2025 to claim the state tax deductions they have earned by investing in the next generation. The Arkansas Brighter Future 529 Plan, administered by the Arkansas State Treasurer’s Office, is an education savings account that offers account holders and contributors up to $10,000 in state tax deductions for their contributions.
Arkansans who contribute to a Brighter Future 529 account may receive state tax deductions up to $5,000 for single tax filers and $10,000 for married couples filing jointly. Employers may also benefit from the state tax advantages offered by a 529 account. Businesses that contribute to an employee’s account may also receive up to $500 in deductions per employee match.
“Investing in a loved one’s future education does more than lower your tax bill,” said Chris Scott, director of Arkansas 529 Programs. “Every contribution to a Brighter Future 529 account helps lay the foundation for a stronger tomorrow.”
Parents, grandparents and foster parents may open a 529 account for as little as $25. Visit https://brighterfuturedirect529.com or call 800-587-7301 for more information.
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