Wednesday, January 2, 2008

Saving For A College Education

Saving for a college education is one of the most difficult things for a student and their family. Luckily many businesses, organizations, and institutions offer helpful plans that assist in making this task a little easier and a little less frustrating.
One such plan was developed for the staff and families of colleges in the State of New York. New York's College Savings Program is designed to help families of all income levels save for this important goal.
It works through payroll deduction and employees can enroll for as little as $15 per pay period. These deductions are made on an after-tax basis.
The program offers New Yorkers an annual New York State income tax deduction for contributions of up to $5,000 for individuals and up to $10,000 for married View the rest of this article


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