Start saving now

with the 529 college savings plan that offers a Michigan Income tax deduction.

When it comes to saving for college, the advantages of starting early are obvious- like the rewards of compounding
returns. But you deserve other advantages too. With the Michigan Education Savings Program (MESP), you may qualify
for a Michigan income tax deduction of up to $10,000 for joint filers ($5,000 for single filers):'

Look at the other advantages of the 529 college savings plan designed for Michigan:

• Funds from your account are good at thousands of colleges everywhere.

• You pay no Michigan or federal - income taxes when you withdraw the money
for qualified college expenses.

• You can choose from multiple investment options, including a Guaranteed Option.

Download our brochure or enroll online at Michigan529.com or call

-

**Not applicable once an account owner has made any type of withdrawal from the specific MESP account.

The law allowing federal income tax-free qualified withdrawals is set to expire on December 31 2010. Congress may or may not extend the law beyond this date.

Michigan Education Savings Progi-am

The educated way
to help save for college.

If you are not a Michigan resident or if you have taxable income in another state, consider whether that other state offers a 529 plan with favorable state income tax or other
benefits not available if you invest in MESP.

The MESP Disclosure Booklet should be read carefully before opening an account. The State of Michigan, its agencies, TIAA-CREF Tuition Financing, Inc.,
Teachers Insurance and Annuity Association of America and its affiliates do not insure any account or guarantee its principal or investment return (except for
TIAA-CREF Life Insurance Company's guarantee to MESP pursuant to the funding agreement for the Guaranteed Option). Account value will fluctuate based
upon a number of factors, including general financial market conditions. Investments are made through Teachers Personal
Investors Services, Inc., as distributor.

We inviteyour family

to join our family.

L

,:
.,

TIAA .,:;
CREF $

§

,.

"I feel at home at Shaarey Zedek. I've been here
since I was a little child."
—Evelyn Lowen

• Proud heritage and tradition
• Vibrant and active membership
• Multi-generational programming

• lndusive and inviting environment

call now for

INFORMATION
HIGH HOLIDAY

tickets

For membership information call:

248.357.5544

nnn

Front row (left to right): Albert ). Burke, Harriett Goldman, Jennie Taylor
Back row (left to right): Benjamin Reder, Evelyn Lowen, Margaret Snider

a

EVERYTHING YOU NEED TO KNOW...EVERY WEEK!

9/ 5

2003

9