Invest Your Contributions

Upromise has teamed with leading financial institutions to help members invest their Upromise savings.

Families can enroll in tax advantaged* college savings plans, professionally managed by leading money management companies, and be educated about the power of compound interest and investing. Learn more on the Upromise website.

Also, current students can pay off student loans with Upromise.  To learn more, click here.

You can do your own research by using these quick references.

http://moneycentral.msn.com/articles/family/basics/7652.asp

http://www.savingforcollege.com/learn/

http://www.fairmark.com/custacct/529plans.htm

http://www.collegesense.com/learn/5_3.jsp

*Qualified withdrawals made after January 1, 2002 are free from federal income tax. The provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 will expire on December 31, 2010. Unless the law is extended by Congress, the federal tax treatment of 529 Plans will revert to its status prior to January 1, 2002.