Originally published Wednesday, September 9, 2009 at 9:08 AM
Comments (0)
E-mail article
Print view
Share
Geithner pushes changes to college savings plans
The Obama administration wants states to make changes to college savings plans that it hopes will expand their use by middle class families.
AP Economics Writer
The Obama administration wants states to make changes to college savings plans that it hopes will expand their use by middle class families.
Treasury Secretary Timothy Geithner says the Section 529 savings plans can help Americans to save for college because of the tax savings they offer.
But a new Treasury report found that only 5 percent of middle-income families had the college savings plans, compared with one-third of high-income families.
To expand the number of families using the plans, Geithner says states should expand the types of investment funds that can be used, pursue policies that would eliminate certain home-state biases and work to reduce investment fees.
EU nations' reality: Greece's woes are theirs, too
Greece leads markets higher amid EU rescue hopes
RealNetworks makes key play with Rhapsody spinoff
Alaska Air dropping Jones Soda beverages, going back to Coca-Cola
Lots of Buzz over Google latest bid at social networking
general classifieds
Garage & estate salesFurniture & home furnishings
Sporting goods
just listed
Antique chair original horsehair stuffed Excellent - $225
Antique China Cabinet Closet Hutch - $465
Audioquest speaker cables - $2850
More listings
POST A FREE LISTING
shopping
events for Wednesday, Feb. 10
- Winter Sale at Tricoter
- Sweet Tooth Classic at the Tasting Room
- La Rousse 50 Percent Off Sale at Clementine
- Velouria Valentine's Party
editors' picks
- Pioneer Square shopping
- West Seattle shopping
- Phinney Ridge & Greenwood shopping
- Local jewelry designers
- Alaska Air dropping Jones Soda beverages, going back to Coca-Cola
- Man found shot dead in pickup truck in Seattle
- Seattle is first U.S. stop for Picasso exhibit
- Husky Football Blog | Pac-10 expansion to get consideration over next year
- State Senate votes to clear way for tax increases
- Idol Confessions | "American Idol" hopeful from Seattle didn't make it to Hollywood afterall
- Belltown boulevard could be completed by early next year
- Nicole Brodeur | Chrisceda Clemmons' house wasn't the only casualty
- Teen is beaten in bus tunnel; Metro to review policies
- Brier Dudley's Blog | Google rolls its own Facebook & Twitter with Gmail "Buzz"
- Republicans may be no-shows at health-plan summit 277
- State Senate votes to clear way for tax increases 255
- Pac-10 expansion to get consideration over next year 249
- Lee undergoes foot surgery 231
- Obama: GOP and Dems together can spur job growth 213
- Fort Lewis soldier charged with abusing 4-year-old, holding her head in water 193
- Rivals names Martin one of Pac-10's best recruiters 143
- Bus-tunnel attack while guards watched prompts review of Metro security 134
- Belltown boulevard could be completed by early next year 128
- White House mocks Sarah Palin from podium 94
- Seattle is first U.S. stop for Picasso exhibit
- Belltown boulevard could be completed by early next year
- 747-8 soars smoothly on first outing
- Wine Adviser | Oregon's quality pinots join the bargain ranks
- Alaska Air dropping Jones Soda beverages, going back to Coca-Cola
- Snap out of your photo funk: How to make sense of all those piles of images
- How clean are those pre-washed salad greens?
- Answers to biggest Olympic TV questions
- Rick Steves' Europe | What's new in Rome and Venice for 2010
- Brier Dudley's Blog | Google rolls its own Facebook & Twitter with Gmail "Buzz"
