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Director briefs committee on I Deal Idaho 529 plan, employer incentives and new Roth rollover option
Summary
Dawn Hall, executive director of I Deal Idaho (the state 529 college savings program), briefed the House Education Committee on program features, account growth and new rollovers to Roth IRAs.
Dawn Hall, executive director of I Deal Idaho (the state’s 529 college savings program), updated the House Education Committee on program features, recent growth and outreach efforts.
Hall said I Deal Idaho was created by the Idaho Legislature and is governed by a state college savings board composed of constitutional officers or their designees. She described the plan as a tax‑advantaged savings vehicle for education expenses and compared it to a Roth IRA for education use.
Key features Hall highlighted include: online account management at idsaves.org and a mobile app; flexibility to pay for K–12 tuition (tuition only) and a broad set of postsecondary expenses (tuition, room and board, books, required supplies and technology) as well as career and technical programs and apprenticeships; up to $10,000 lifetime withdrawals for student loan repayment per beneficiary;…
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