What will college tuition cost in 10 years?
College costs are increasing annually, making it difficult to estimate tuition
rates, even for the next few years. This can make planning ahead difficult and
frustrating. However, the Michigan Education Trust (MET) makes it possible
for parents, grandparents, businesses and others to pre-purchase tomorrow's
undergraduate tuition at today's cost.
MET is a smart, tax-advantaged way to save for college. MET contracts assure
a child's college education savings will be there when they need it! MET
contracts are portable and transferrable and the funds used to purchase a MET
contract may qualify for a state tax deduction. MET contracts can be purchased
for Michigan children in one semester increments or by the year with several
convenient payment options available.
To learn more about the Michigan Education
Trust, visit our website or call today:
www.SETwithMET.com
1-800-META-KID
(1-800-638-4543)
Michigan's 529 Plans
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Start your child's future today.
The Michigan Education Savings Program (MESP) helps make it easy!
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Your money can grow free of federal and Michigan income tax.
Michigan residents may receive a Michigan income tax deduction on their MESP 529 Plan contributions.
Your investment can be used at ANY eligible higher-education institution in the country.
MESP funds can be used for tuition, books, supplies, and certain costs for room and board.
Visit MESPgift.com or call 1-877-861-6377.
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Michigan Education Savings Program
Consider the investment objectives, risks, charges and expenses before investing in the Michigan Education Savings Program. Please visit www.misaves.com for a
Disclosure Booklet containing this information. Read it carefully.
Before investing in a 529 plan, you should consider whether the state in which you or your designated beneficiary reside or have taxable income has a 529 plan
that offers favorable state income tax or other benefits that are only available if you invest in that state's 529 plan.
Investment management, program administration and distribution of The Michigan Education Trust (MET) program is provided solely by the Michigan Department
of Treasury. MET is not managed by TIAA-CREF Tuition Financing, Inc.
Account value for the Investment Options is not guaranteed and will fluctuate based upon a number of factors, including general market conditions.
The tax information contained herein is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding tax penalties that may be
imposed on the taxpayer. It was written to support the promotion of the products and services of MESP. Taxpayers should seek advice based on their own
particular circumstances from an independent tax advisor.
@ 2009 TIAA-CREF Tuition Financing, Inc., Program Manager
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