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CollegeWealth Program To Expand Nationwide

By: The Associated Press | TriCities.com
Published: September 24, 2009

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RICHMOND, Va. (AP) - The Virginia College Savings Plan and BB&T Corp. are working together to expand one of the plan's
higher-education savings options.
The partnership announced Thursday will use the bank's online account-opening platform to make CollegeWealth available nationwide
later this year. Account holders can deposit up to $250,000 at any time into their CollegeWealth account.
CollegeWealth accounts grow tax-free and remain tax-free as long as they're used for higher-education expenses, including tuition, fees, housing, books and computers.
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On the Net:
http://www.virginia529.com

(Copyright 2009 by The Associated Press. All Rights Reserved.)