Indiana to Launch New 529 Savings Plan
The Indiana Education Savings Authority (IESA) will soon offer a new plan, the CollegeChoice 529 Certificate of Deposit (CD) Savings Plan, which is scheduled to launch on March 1, 2011. College Savings Bank has been selected as Program Manager. The new plan will include three FDIC-insured savings options: the CollegeSure® CD, the InvestorSure® CD and a series of traditional Fixed Rate CDs. The addition of the CD Savings Plan means that the IESA will now provide three options to save for higher education: CollegeChoice 529 Direct Savings Plan, CollegeChoice Advisor 529 Savings Plan and the new CollegeChoice 529 CD Savings Plan.
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