Yellow's Green

The Adventures of Money Blog.

Wednesday, June 21, 2006

OCSP 529 Plan

After much waffling, I finally decided to join the Oregon College Savings 529 Plan.

$25/month will automatically go for college savings.

Unless the law changes in 2010:
Earnings will be tax-free, as long as they are withdrawn for eligible education related expenses.
Contributions will be deductible at the federal and state level.
Maintenance fees will be waived for Oregon Residences.


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