DES MOINES, IOWA (January 29, 2020) — State Treasurer Michael L Fitzgerald is excited to announce the Iowa income-tax deduction has increased for those saving with College Savings Iowa.* "Account owners who are Iowa tax-payers can deduct the first $3,439 they contribute per beneficiary account from their state taxable-income in 2020," Fitzgerald said. "This tax-deduction is a great way to save for others while keeping more money in your pocket."







