Tennessee's Baccalaureate Education System Trust (BEST) and the Georgia Higher Education Savings Plan (GHESP) have partnered to promote a competitive and compelling opportunity for Tennessee families to save for their higher education expenses with the Path2College 529 Plan.
The Path2College 529 Plan is a smart way for Tennessee residents to save for college.
"We are excited about our partnership with Georgia to promote the Path2College 529 Plan as the 529 college savings plan endorsed by the State of Tennessee for Tennessee residents." - Dale Sims, Tennessee State Treasurer, Chair of the BEST Board of Trustees.
When was the last time you thought, "This investment makes sense?"
That's the idea behind the Path2College 529 Plan. It was designed to give parents, relatives or anyone the ability to save money and give a child a college education - and the possibility of a better life.
You can make regular contributions as large or as small as $25 as often as you can. You can choose from one or a combination of seven investment options that can be matched to meet your savings objectives.
You save your money, and use your money, federal income tax-free.
That's right, tax-free. Contributions, and any earnings in your Path2College 529 Plan, grow free from federal income taxes.
Then, when you're ready to use your savings for qualified expenses like tuition, fees, books and even certain room and board costs, that money is also federal income tax-free.
12/16/08 Give the Gift of a College Education This Holiday Season 12/8/08 Make Holiday Gift-Giving Easy This Year by Contributing to the Path2College 529 Savings Plan for Your Loved Ones 10/6/08 Tennessee and Georgia Square Off on the Gridiron - But the Two States Team Together to Put More Kids on the Path to College 9/9/08 State Treasurers Kick-off "College Savings Month" 9/9/08 Tennessee Celebrates "College Savings Month" With Path2College 529 Plan
Governor Bredesen declares September College Savings Month
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