Contributed by nickel | May 25, 2005 08:08 AM PST
The Senate Finance Committee introduced a bill today that would make the tax exemption for 529 college savings plans permanent. The Senate bill, which has bipartisan support, mirrors one that was introduced in the House last week. The 529 exemption is currently scheduled to expire in 2010, so this is great news for anyone with young kids that are looking for an effective way to save for college. If your're looking for more information on 529 plans, check out Savingforcollege.com, which is an excellent online resource. Then again, you could always just call your rich uncle.
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"Permanent Tax Exemption for 529 College Savings Plans?" was first published at fivecentnickel.com
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I just ran across an interesting method of covering your tuition bills in an article on alternative ways of paying for college over at BankRate.com... They offer a number of alternative methods for paying for your schooling, but by far the most interesting of these ... Read
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I just ran across an article by Suze Orman on saving for your kids' college education. Pretty run of the mill stuff, but good advice just the same. The take home lesson is that you need to prioritize your investment needs, and that you shouldn't ... Read
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