K Educational Savings Accounts
 
(01/01/09 – 03/31/09)
The following educational savings accounts are accounts established for the purpose of meeting qualified higher education expenses and are not countable. (Public Law 107‑16)
 
529 Educational savings account
530 Educational savings account
 
Key the OX Financial Account code on FIAC for the 529 or 530 educational savings accounts.
 
(For treatment as income, see Unearned Income - Educational Savings Account)