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IMPORTANT: Day school families once again have the opportunity to benefit from 529 savings accounts. This applies to those looking to create new accounts – as well as those who already have accounts.
The state contribution program (Maryland Match) is available for both new and existing accounts (including those who have previously received the Match), however, preference will be given to new Match applicants.
NOTE 1: Even if you have applied for the Match (and received it) in previous years, you MUST apply again for this year.
NOTE 2: Beginning in 2021, only 2 match accounts will be allowed per beneficiary.
NOTE 3: You must file your income taxes by the April deadline in order to receive the match.