Massachusetts 529 College Savings Plan


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Massachusetts 529 College Savings Plan

Massachusetts U.Plan Prepaid Tuition Program

The Massachusetts Educational Financing Authority (MEFA) provides the U.Plan Prepaid Tuition Program as an easy and affordable way to save for your undergraduate education at more then 80 participating Massachusetts colleges and universities. You can prepay up to 100% of a child's future college tuition, locking in today's rates. Your current investment will cover the same percentage of tuition that it covers now. Interest earned should be state tax free for Massachusetts residents, as well as all other benfits of the investment.

Get more information on the U.Plan at the U.Plan page at the MEFA website. You should also check with a financial advisor and tax advisor to see if a 529 investment is right for you.

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