Thumbs Up: 529 Plan Goodies

Physician's Money DigestSeptember15 2003
Volume 10
Issue 17

Investing in a state 529 college savingsplan has always been a smartstrategy. Now, the benefits of contributingto a 529 plan just gotsweeter in a couple of states, wherea program is in place that provides amatching grant to qualified families.In Rhode Island, for example, alow- or middle-income family withan adjusted gross income as high as$53,000 can qualify for a dollar-for-dollarmatch of any funds contributedto the state's 529 plan.Louisiana now offers to match 2%of any money put into the state's529 plan, regardless of a family'sincome level. Other states likeMaine, Michigan, and Minnesotaalso offer matching grants to eligiblefamilies. Get the lowdown on all529 plans at or

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