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The First-Time Homebuyer Savings Account Act and what it means for you

As of July 13, 2018, Governor Mike Parson moved forward a legislation impacting first-time homebuyers. The First-Time Homebuyer Saving Account Act offers state income tax deductions to those using a savings account dedicated to saving for a first home purchase.

Check out our guide below to learn more about The First Time Homebuyer Savings Account Act and exactly what it means for you. It’s important to understand the basics as you start to save for your first home.

 Infographic outlining the details of the First-Time Homebuyer Savings Account Act


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The information provided in these articles is intended for informational purposes only. It is not to be construed as the opinion of Central Bancompany, Inc., and/or its affiliates and does not imply endorsement or support of any of the mentioned information, products, services, or providers. All information presented is without any representation, guaranty, or warranty regarding the accuracy, relevance, or completeness of the information.