Help Available on Sec 529 Qualified State Tuition Programs

Posted by accountingweb on Sep 27 1999 175 printer friendly

State sponsored college savings programs are becoming hot, and every large financial institution is trying to figure out how to get a piece of the action.

These plans represent a revolutionary new way parents (and grandparents) invest for college tuition. These pre-paid tuition plans are state sponsored investment plans and are given special tax status by the IRS.

A new website is available to help you advise your clients through the array of programs available today through Section 529 plans. Sign on to www.savingforcollege.com and click on a number of features that would benefit financial advisors, including state plan investment results, state plan comparisons, links to articles on Section 529 Plans, and information on a new book,"The Best Way To Save For College."

The author of the book is Joseph Hurley, a CPA and Partner with the firm Bonadio & Company in Rochester, New York.

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