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...Those dollars are better reinvested in higher education and making college more affordable and accessible for all students, rather than deficit reduction or potential deficit reductions,” Day said. “A lot of these dollars will be used to offset tax cuts and other spending...
Start at www.savingforcollege.com for the basics on what 529s are, and for information about other tax-advantaged ways to invest-such as the Coverdell Education Savings Account. Under "College Savings 101," click on "College Calculator" to see how much money you need to save (depending on where you think your kid will go to college) and how much you need to set aside in order to get to that goal. Click on "529 Plans," and you get information on all the different plans states offer (including prepaid tuition plans, which are also sometimes called "529s," even though they...
...National Association of Securities Dealers (a trade group) also runs a 529 website. From www.nasd.com, click on "Investor Information" in the top right corner, then "College Savings Center." You'll find information about all the different ways to save for college, as well as information about educational tax credits (tax info is also at www.irs.gov). There's also a great "Expense Analyzer," which lets you type in the specifics of the plans you're looking at to see how they stack up to each other...
...states' individual 529 plan websites have tons of information about their own plans, obviously, but they also often have added features, such as "tax advantage calculators." These show residents of that state the full effect of the tax benefit. Here are a few examples: http://www.missourimost.org http://www.kentuckytrust.org/cgi-bin/save2.cgi http://www.aboutchet.com
...election, in June 2004, the Liberals successfully painted the Toronto-born Harper as a far-right ideologue out to shred Canada's social fabric. Harper never effectively fought back. But he has since repositioned himself. While he originally supported the Iraq war and promotes such traditional Tory issues as tax cuts and a tougher stance on crime, he is also pushing such centrist initiatives as tax credits for people who buy mass-transit passes. Harper has vowed to revisit the issue of same-sex marriage, which is now legal in Canada, by putting it to a vote in Parliament...