North Carolina closing its adviser 529 channel

North Carolina's National College Savings Program has announced that it is shutting down adviser distribution of the program and opening all investment options on a direct-sold basis to residents of any state.New enrollments in the adviser-sold program were ended on December 15, 2004. Contributions into existing adviser-sold accounts can continue until March 1, 2005 at which time all adviser-sold assets will be transferred into direct-sold portfolios and payments to advisers will end.
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