"There is no greater resource than our children, and no greater gift we can give them than the best education possible. We are proud to sponsor IDeal as a way to help Idaho families save for the best gift we can give our children and grandchildren: higher education that prepares them for a bright future." - Ron Crane, State Treasurer of Idaho
- There is no annual account maintenance fee if either the account owner or the beneficiary is an Idaho resident. ($20 savings each year.)
- Idaho taxpayers receive a maximum $4,000 state income tax deduction per individual taxpayer (up to $8,000 if married, filing jointly) from their State adjusted gross income annually for contributions to IDeal.1
1 Contributions to the IDeal - Idaho College Savings Program are deductible from Idaho state income tax, subject to recapture in certain circumstances, such as a non-qualified withdrawal or a rollover to another state's qualified tuition program in the year of the rollover and the prior tax year.