529 Plan News
Following is a current digest of news items related to college savings:
03/11/2010
FREE College Workshop in Piscataway (MyCentralJersey.com)
A free community workshop for parents of college-bound high school students will be held at the Piscataway JFK Library on Hoes Lane, on Thursday, March 18 at 7:30 pm.
03/09/2010
Sallie Mae Launches Banking Products to Aid College Savers (Financial Planning.com)
In an effort to offer a wider array of college savings products, SLM Corp., an education lending and savings company know better as Sallie Mae, has launched an FDIC-insured, high-yield online savings accounts and certificates of deposit.
02/28/2010
Web sites help those saving for college (The Columbus Dispatch)
A Qualified Tuition Plan, commonly known as a 529 college-savings plan, has become a popular method for families to put away money for a child's future college education. In addition, this avenue of saving for a college education also comes with a tax-saving benefit. If you've thought about establishing an education-savings account, these Web sites have insights that might be useful:
03/08/2010
5 Smart Uses for Your Tax Refund (Kiplinger.com)
Use the influx of cash to improve your financial situation.
02/28/2010
'529' Plans: Why So Many Flunk Out (WallStreet Journal via Yahoo! Finance)
After posting dismal results during the market downturn, operators of these college-savings plans have been cutting expenses and adding lower-risk investment choices in hopes of making their plans more attractive.
03/07/2010
Daring to save helped reader build margin of safety (Minneapolis-St. Paul Star Tribune)
Today, I'm turning over much of the column to a thoughtful reader, David in Falcon Heights. He sent me an e-mail the other day, and his experience reinforces a constant theme of the column: the value of saving and the importance of putting some savings into taxable accounts.
02/27/2010
Online advice on college savings plans (Fort Worth Star-Telegram)
A Qualified Tuition Plan, commonly known as a 529 college savings plan, has become a popular method for families to put away money for a child's college education. There's also a tax-saving benefit.
03/08/2010
Bend, Salem memorials set for Ben Westlund (KTVZ Bend)
The public is invited to two memorial services for state Treasurer and former Central Oregon legislator Ben Westlund, who died Sunday of cancer at the age of 60.
03/07/2010
Please pass the asset test (Minneapolis-St. Paul Star Tribune)
A bill at the Legislature would eliminate the asset test for food stamps, so families wouldn't have to deplete their savings to qualify.
03/03/2010
Consortium Issues Action Items For Saving For Higher Education (Business Wire via Yahoo! Finance)
WASHINGTON----Following a Summit on Saving for Higher Education held in late 2009, experts from financial services, state government, financial aid, higher education, and advocacy groups reached consensus on critical action items to help promote broader access to higher education.