Products July 14, 2003
Manulife Releases New 529 Calculator
July 14, 2003 (PLANSPONSOR.com) - Plan providers
have another tool to help them explain, market and examine
possible tax advantages of 529 college savings
plans.
Reported by Eric Hazard
The Manufacturers Life Insurance Company (U.S.A.) has
released its new Tax Advantaged Calculator that compares
investing in a 529 savings plan versus investing in other
taxable accounts.
Further, the calculator provides financial
consultants with a printed proposal letter or a custom
illustration that they can use with prospective clients,
according to a news release.
The Tax Advantaged Calculator is available for registered
users online at Manulife’s College Savings Resource Center
at
www.manulifecollegesavings.com
.
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