College Planning
What is a 529 College Savings plan?
"A 529 college savings plan is a type of investment account that allows you to set aside money for your
child's education and let it grow tax-free. The federal government won't tax your money when you take it
out of the account as long as it's used for higher education. Any family can contribute to a 529 account
regardless of income…. The best part: You can often start an account with as little as $25."
( Saving for college: Why 529 plans are so popular - http://www.babycenter.com/refcap/baby/babyfinance/1263733.html)
North Carolina's National College Savings Program
http://www.cfnc.org/savings/cv0021.jsp
Upromise
Upromise is a way to add to your 529. Please check out their website, www.upromise.com, for more information.
