Financial Services Industry
Industry: Email Alert RSS FeedOhio set to offer CDs in 529 savings plan; FDIC ruling sparks interest from states.(News)
Investment News, July, 2005
Byline: Charles Paikert NEW YORK - Ohio is poised to become the first major state to offer certificates of deposit through its Section 529 college savings program. Ohio's CollegeAdvantage 529 Savings Plan, the fourth-largest in the country in terms of assets, expects to offer CDs to investors by year's end, said Jackie Williams, executive director of the Columbus-based Ohio Tuition Trust Authority, which oversees the plan.
A bank with "a major presence in the state'' has been selected to participate in the program, said Ms. Williams, who will name that bank in an official announcement slated for next month. FDIC opens door A recent ruling by the Federal Deposit Insurance Corp. allowing individual deposits in 529 programs to be insured...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
