NC’s 529 College Savings Plan Recommended
Categories
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.