What is the Virginia Commonwealth Savers Contribution?
Virginia Commonwealth Savers administers flexible, affordable, and tax-advantaged education plans through it's programs: Prepaid529, Invest529, CollegeAmerica and CollegeWealth. Additionally, Commonwealth Savers administers ABLEnow and ABLEAmerica as tax-advantaged ways to save, invest and pay for qualified disability expenses for eligible individuals with certain disabilities.
You may contribute part or all of your Virginia tax refund to an existing Virginia Commonwealth Savers account. Any amount you choose to contribute to a Virginia Commonwealth Savers account will reduce the refund that is sent to you.
You do not need to be the owner of the account in order to contribute, but the account must already be set up. For more information on establishing an account, visit Virginia529.com or Ablenow.com .
You may contribute part or all of your Virginia tax refund to an existing Virginia Commonwealth Savers account. Any amount you choose to contribute to a Virginia Commonwealth Savers account will reduce the refund that is sent to you.
You do not need to be the owner of the account in order to contribute, but the account must already be set up. For more information on establishing an account, visit Virginia529.com or Ablenow.com .
