Problems in College Savings and Pre-Paid Tuition Plans
March 11, 2009 by Mr. GoTo
Filed under Retirement Planning
If you are one of the many baby boomer parents who invested in state-run prepaid college tuition plans, it’s probably time for some due diligence.
Colleges and universities are strapped for cash because of the recession. At the same time, severe market losses have impaired the ability of pre-paid tuition plans to meet their obligations. In some cases, the accrued plan liabilities now exceed plan assets. Read more
