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529 News

Montana adds equity-indexed CD option

(December 21, 2007) - Montana's CollegeSure 529 Plan has added a second investment option. The InvestorSure CD is a five-year certificate of deposit from College Savings Bank that earns interest based on a specified percentage of the increase in the S&P 500 Index over the investment period. The CD qualifies for FDIC insurance and will return all principal even if the S&P 500 Index declines over the investment period.

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