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Community Corner

“College Savings Starts Here” Road Show Presented by College Savings Plans of Maryland Comes to Upper Marlboro March 18

The College Savings Plans of Maryland “College Savings Starts Here” road show will make stops around the State throughout the month of March to generate awareness for this last opportunity to enroll at current prices for the Maryland Prepaid College Trust.  Throughout March representatives from the College Savings Plans of Maryland will be available at various locations around the State to answer questions, provide information and offer enrollment help for families interested in the Maryland Prepaid College Trust or in the Maryland College Investment Plan.  

Both of these Plans offered by the College Savings Plans of Maryland, an independent State Agency, are Section 529 plans which offer tax-deferred growth on earnings at both the Federal and State levels when used for qualified higher education expenses.  The Maryland Prepaid College Trust allows families to lock in future college tuition at today’s prices and is backed by a Maryland Legislative Guarantee. The Maryland College Investment Plan, managed and distributed by T. Rowe Price, offers a variety of investment options, with no sales commissions or loads, and enrollment is open year-round.    Both Plans are the only 529 plans that offer a Maryland State income deduction.

“It is more important than ever for families to save for the future costs of college. Every dollar saved is one less dollar that might be needed for loans in the future,” said Joan Marshall, executive director of College Savings Plans of Maryland.  “During our “College Savings Starts Here” tour, those living across the State will have a chance to talk directly with College Savings Plans of Maryland representatives who can provide all the details about the Plans. We hope that community members will take advantage of this opportunity to talk with us face-to-face about the Plans and get the help they need to make the choice to save for higher education.”

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Date and Location:

Tuesday March 18 - Prince George’s County

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WHERE:  Prince George’s County Public Library
TIME:  4:00pm – 7:00pm
Upper Marlboro Branch Meeting Room
14730 Main Street
Upper Marlboro, MD 20772

Also, visit http://www.CollegeSavingsMD.org for up to date information.

Please carefully read the Enrollment Kit which describes the investment objectives, risks, expenses, and other important information that you should consider before you invest in the College Savings Plans of Maryland. The Enrollment Kit is available online or by calling 1-888-4MD-GRAD. Also, if you or your beneficiary live outside of Maryland, you should consider before investing whether your state or your beneficiary’s state offer state tax or other benefits for investing in its 529 plan.  For more information on the College Savings Plans of Maryland, visit www.collegesavingsmd.org.


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