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Delaware 529 College Savings PlanDelaware College Investment PlanThe Delaware 529 plan is known as the Delaware College Investment Plan and is run by Fidelity Investments. Any investment earnings grow tax-deferred and as long as the distributions are used for acceptable educational expenses, they will be Federal tax free. Residents of any state may open a Delaware 529 account, but you should probably check your own state's plan to see if there are better tax benefits available.Accounts may be opened with as little as $500, though if you sign up for automatic deposits, you can do so for as little as $50 per month. There is a maintenance fee of $20 per year, which is waived if you use the automatic deposit or if a beneficiary's accounts are worth over $25,000. There is a maximum of $270,000 per beneficiary. For more information on Delaware's 529 College Savings Plan, visit Fidelity's Delaware College Investment Plan webpage. You should also check with a financial advisor and tax advisor to see if a 529 investment is right for you.
Delaware Scholarships
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Register to Win a $10,000 Scholarship! Winner will be chosen on January 31st, 2012
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Delaware 529 College Investment Plan