Home › Invest › 529 plans › South Carolina
South Carolina taxpayers can get a state tax deduction for contributing up to Unlimited (single) or Unlimited (joint) a year, generally only for the in-state plan. Here are the facts on South Carolina's direct-sold 529 plan (the one you open yourself, without an advisor).
South Carolina provides an annual deduction for contributions made to the SC College Investment Program (“FUTURE SCHOLAR”) up to the limit of maximum contributions allowed under IRC Section 529. Contributions and rollovers made during the current tax year and up to 4/15 of the following tax year may be deducted in the current year.
Summary of state law from the ICI 2025 state tax survey; it may predate 2026 changes.
2026 limits and parity: Savingforcollege. Manager, fees and minimum: only when stated on the plan's homepage text we read (2026-10-12); otherwise 'not found'. Check the plan's disclosure document for exact fees.
Yes: a deduction for up to Unlimited (single) / Unlimited (joint) of contributions in 2026
No. You can use any state's plan; you may lose your state's tax break if your state doesn't offer tax parity.
Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.