Sen. Fitzgerald Pushes for Changes to College Savings Plans

Hume, Lynn
October 2004
Bond Buyer;10/26/2004, Vol. 350 Issue 31997, p4
Trade Publication
The article reports that U.S. Senator Peter G. Fitzgerald urged Treasury Secretary John W. Snow to consider recommending legislative changes that would remove state governments from college savings plans and separately to put in place rules that would require such plans to provide investors with standardized disclosure about the associated fees. Fitzgerald also asked Snow to have Treasury or Internal Revenue Service officials put in place rules requiring these plans to provide investors with standardized disclosure of all associated fees.


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