Tuesday, November 10, 2009

CollegeInvest launches “Smart” new college savings plan

Kudos to long-time SE2 client CollegeInvest, Colorado’s not-for-profit higher education financing resource, for teaming up with FirstBank to provide the new FDIC-insured Smart Choice 529 college savings plan.

National 529 expert Andrea Feirstein calls it a “Smart” move for Colorado. In its story on Smart Choice, The Wall Street Journal says “stock market volatility has moved even traditional stock-market investors toward more conservative investments.” (subscription required) The Denver Business Journal quotes Gov. Bill Ritter thanking CollegeInvest and FirstBank “for helping families to overcome the financial barriers of higher education by offering this new plan.”

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