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Old Apr 28, 2001 | 11:37 pm
  #5  
rhinochaser
 
Join Date: Mar 2000
Location: Sacramento, CA
Posts: 101
Just keep in mind that UPromise is not partnered with each state's 529 program, just a couple, and for now just the few that Solomon Smith Barney is managing. (I forget which ones they are.) The good thing about the 529 plans is that when the money is withdrawn, the gains are taxed at the beneficiary's tax rate, which is likely to be low or none for an individual just starting college or vocational school. It is a great college savings tool!

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Happy Travels,

Rhinochaser
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