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What is the Montana Family Education Savings Program?

April 26, 2017Education montana family program savings

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What is the Montana Family Education Savings Program?

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It’s a tax-advantaged program created by the state of Montana to encourage families to save for their children’s higher education. The program was established as a qualified tuition program under Section 529 of the Internal Revenue Code. The Board of Regents (BOR) has contracted with College Savings Bank to serve as manager of the program.