Section 529 Prepaid Tuition Plans: A Low Risk Investment with Surprising Applications
- College savings plan a hit with planners and parents. Sodoma, Brian // Las Vegas Business Press;4/28/2003, Vol. 20 Issue 17, p4A
Discusses the merits of college savings plan for business owners or company employees in the United States. Information on the federal 529 college savings program; Mechanics of the pre-paid tuition college savings program in Nevada; Attractions of the general college savings plan.
- New Developments in Tax-Advantaged Financing Higher Education. Lechner, Thomas A.; McClain, Bruce W.; Spero, Abba Z. // Journal of Financial Service Professionals;Jan2003, Vol. 57 Issue 1, p53
Recent changes in tax law have substantially expanded the tax incentives for higher education. This article summarizes all of the major incentives, stressing new developments that practitioners need to be aware of. Section 529 qualified tuition plans have been liberalized; investment income is...
- Advising Clients on the Value of In-State 529 Program Tax Benefits. Hurley, Joseph F. // Journal of Financial Service Professionals;Jan2003, Vol. 57 Issue 1, p37
Third-party distribution of Section 529 qualified tuition programs is a recent phenomenon. While creating a significant practice-growth opportunity for advisers, the technical complexity of these state-sponsored college investment programs and their many structural differences require that...
- Deadline approaching for Texas tuition program. // Lakelander (Whitney, TX);7/15/2015, Vol. 28 Issue 27, p8
The article announces the deadline for application to the Texas Tuition Promise Fund, the state's prepaid college tuition program that allows families to enrol their newborns, on July 31, 2015.
- Parents pour cash into state prepaid college tuition plan. // Journal of Business (10756124);11/8/2007, Vol. 22 Issue 23, pB12
The article reports that a record number of prepaid college tuition plan accounts have been opened in Washington. According to the author, parents' growing concern about rising college costs has resulted in the Guaranteed Education Tuition Program posting assets of more than $1 billion. The...
- University May Suspend Tuition-Prepayment Plan. . Rothman, Robert // Education Week;3/16/1988, Vol. 7 Issue 25, p8
The article focuses on the plan of the board of directors of Duquesne University in Pennsylvania to suspend its tuition-prepayment plan which was adopted in 1985. It details the reasons of the university for considering the suspension of the plan. The investments of families in the program will...
- Prepaid college plans under pressure. Kalwarski, Tara // Money;Fall2002, Vol. 31 Issue 11, p121
Reports how rising tuition and stock losses are putting pressure on U.S. prepaid savings plans for college. Examples of several states that have raised prices; Where to go for more information on the prepaid plans.
- HIGHER RISK EDUCATION. DANIELS, STEVE; MERRION, PAUL // Crain's Chicago Business;
The article offers information on the prepaid tuition plan in Illinois. It is stated that prepaid tuition plan is not well funded. According to experts, the deficit of the College Illinois Prepaid Tuition Program is far larger than the fund is declaring. The Illinois program was underfunded by...
- A cautionary tale from Alabama: Prepaid plan falls short-even after state bailout. Merrion, Paul // Crain's Chicago Business;
The article talks about the failure of Alabama's prepaid college tuition plan. It is stated that with more than 70 percent of its investments in stocks, the plan's assets shrank to 484 million dollars by the end of 2008 from nearly 900 million dollars in September 2007. It is stated that despite...