Low blood pressure. Low blood pressure occurs when blood pressure is much lower than normal. This means the heart, brain, and other parts of the body do not get enough blood. Normal blood pressure is usually between 90/60 mmHg and 120/80 mmHg. The medical name for low blood pressure is hypotension.
âThe college savings accounts known as 529 plans have multiple benefits for parents saving for their children's education: tax savings on earnings when used for qualified expenses; additional tax deductions on contributions in certain states; and the ability to front-load accounts without the threat of a gift tax.arents can open a regular 529 account to save for additional qualified expenses, such as books, computers, and room and board, says Nancy Farmer, president of Private College 529 Plan, a prepaid tuition plan sponsored by more than 275 private colleges and universities.
Federal Taxes. You do not get a federal tax deduction for 529 plan contributions, but the accounts yield other major federal tax benefits. The money in 529 plans grows without incurring state or federal taxes, and you pay no taxes on the earnings when you withdraw funds for qualified college expenses. 529 plan, also known as a qualified tuition plan, is a financial account that enables saving for college with tax-advantaged growth. Contributions are not tax-deductible for federal income tax returns.