WARRENVILLE, Ill. – The new 529 college savings plan of the State of Wisconsin can serve as an industry model across the U.S., Members United Corporate FCU, the placement agent, forecast Tuesday.
The plan, for the first time, lets investors use insured-CDs offered by credit unions.
"This is something that we and the Wisconsin Credit Union League have been working on with the State of Wisconsin for more than a year now and we look at this as a credit union breakthrough," declared R. Michael Lee, Midwest region president of Members United.
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