Treasury Recommends 529 Savings Plan Fixes

September 21, 2009

The Treasury Department has proposed several improvements for Section 529 college savings plans, including the use of age-based index funds and the elimination of home-state biases. The report, prepared for the White House Task Force on Middle-Class Working Families, was introduced at a meeting of the White House task force, chaired by Vice President Joe Biden, at Syracuse University in New York, where attendees discussed ways to help families save and pay for college.

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