Most state plans run by TIAA-CREF offer guaranteed options currently paying 3% to 4%.
But that sleep-soundly promise for prepaid plans isn't always ironclad a growing concern given the financial condition of some state plans.
WSJ: Parents Fear the Math Doesn't Add Up for Prepaid College Plans
The Labor Department said it would address the GAO's recommendations but also faced budgetary and legal limits in helping state plans.
WSJ: House Bill Would Boost Federal Authority Over Workplace Safety
But one of the trouble-maker states, New York, combines restrictions on account owner transfers with restrictions on transfers to other state plans.
And it will unfold regardless of whether a particular state plans to expand its Medicaid program for adults to meet the 133% threshold.
The state plans to appeal, the clerk of the court said.
CNN: Charges dismissed against police in post-Katrina shootings
Due to the federal charges, the state plans to withdraw its charges against Weston, Thomas, Wright and McIntosh, according to the district attorney's office in Philadelphia.
Links to many state plans can be found at www.collegesavings.org.
We launched Race to the Top -- the most meaningful reform for our public schools in a generation -- to invest in innovative State plans that support and improve teacher effectiveness and student achievement.
Florida Gov. Rick Scott, a Republican, told Fox News Monday that the state plans to sue the Department of Homeland Security to get access to the federal citizenship database so that it can better determine who is voting legally.
The Municipal Securities Rulemaking Board, a self-regulatory body that reports to the Securities and Exchange Commission, has proposed rules that would require brokers to ask clients about the importance of state tax benefits, explain a client's direct-sold in-state plan for comparison purposes, and determine what is most suitable for the client--instead of just pushing broker-sold out-of-state plans that might carry higher commissions for them.
As for the state pension plans, the only way that the state governments can help them make up their actuarial liabilities is if they pour more money into them.
FORBES: Why Defined-Benefit Plans Are Safer Investments for State Governments and Workers
It explained that state administered plans could seek lower rates by benchmarking against rates offered by large insurers or the largest insurer in a state, or by compressing rates for older compared with younger applicants.
FORBES: Low enrollment but high costs for Pre-Existing Condition Insurance Plans
The three secretaries of state outlined plans for "tax certainty", supply chain support and skills development.
The state also plans to run a voter-education campaign similar to those in other states.
The discounts are significant, since most state prepaid plans now charge a premium to current tuition for future years.
Fire the high-paid hedge fund managers and investment consultants and convert all state pension plans to 100 percent low-cost index funds.
To the risk-averse, prepaid state tuition plans seemed like a good bet.
The report says almost all state pension plans are underfunded.
The state still plans to consolidate many of its assistance services, and to enlist a contractor to overhaul the computer system to allow offices to share databases containing case information.
Now it's lenders like GMAC, which eliminated 269 jobs in the Los Angeles area during the quarter, and Bank of America, which notified the state of plans to lay off 133 workers in Fremont by July.
His plan goes far on personal and parental responsibility, yet relies on states to enact their own measures of change, and with 50 different state school plans, we know that is a disaster waiting to happen.
But the state also plans to ask the U.S. Supreme Court to release it from the requirement so it won't have to take those steps or several others, according to proposals submitted to a California panel of three judges overseeing the state's compliance with the mandate.
At the annual National Governors Association meeting, both Democrat and Republican chief executives expressed pessimism that both sides could find a way to avoid the massive, automatic spending cuts set to begin March 1, pointing to the impasse as another crisis between the White House and Congress that hampers their ability to construct state spending plans and spooks local businesses from hiring.
The state's disaster plans also said the state should pre-emptively communicate with the public about fuel shortages.
These are typically state-sponsored investment plans, and each state has different requirements and benefits, including tax breaks.
FORBES: Stop Procrastinating! Enroll In A College Savings Plan
Within the U.S. Medicaid system, 70% of enrollees are now in private health plans because state governments have discovered that these plans deliver higher quality, lower cost and better access than government-run Medicaid.
FORBES: Eduard Porter Scribbles Non Sequiturs To Incorrectly Denigrate Profits
He also faces state charges, but plans are that the prison terms for state and federal will run concurrently.
FORBES: Former Ohio State QB, Art Schlichter, To Plead Guilty To Fed Charges
应用推荐