Monday, October 23, 2006

Permanent tax-exempt status gives a huge boost to 529 college-savings plans - The Boston Globe

Permanent tax-exempt status gives a huge boost to 529 college-savings plans - The Boston Globe: "Permanent tax-exempt status gives a huge boost to 529 college-savings plans

By Michelle Singletary | October 21, 2006

Before members of Congress left for their summer break, they gave parents, grandparents, aunts, uncles, and anyone trying to save for a child's college education a welcome break.

Included in the Pension Protection Act signed by President Bush in August was a provision to give permanent tax-exempt status to the 529 college savings plans."

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