Category: Financial Planning
Tags: 529 College Savings Plans

NC’s 529 College Savings Plan Recommended

Posted on: August 21st, 2007
Money magazine, in a August 2007 article on College Savings Plans, recommended North Carolina’s 529 Plan as a good choice for NC residents.  NC’s plan features:
A tax deduction for contributions (up to $5,000 for a married couple filing jointly) 
Tax free distributions (when used for qualified higher education expenses 
Low fees 
Multiple investment options 
Use at any college in the U.S. 
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