Comptroller Franchot to Visit Annapolis Library to Encourage Enrollment in College Savings Plans

-Back to School Season Ideal Time to Consider Investing in College Savings Plans-

WHO:             Comptroller Peter Franchot

College Savings Plans of Maryland Interim Executive Director Andrew Friedson

WHAT:          As students head back to the classroom, it’s an ideal time to consider investing in a child’s college education. Comptroller Peter Franchot and College Savings Plans of Maryland Interim Executive Director Andrew Friedson will be visiting the Annapolis Regional Library this morning to encourage families to participate in the College Savings Plans of Maryland (CSPM).

The CSPM has two Section 529 plans that help alleviate the increasing burden of rising tuition costs and reduce future reliance on loans. The Maryland Prepaid College Trust locks in tomorrow’s tuition at today’s prices and the Maryland College Investment Plan offers a variety of investment portfolios and flexible contribution amounts. Both offer federal and Maryland state tax incentives. Students may use their account at nearly any accredited college nationwide.

WHEN           Today, August 25, 2015

                        10 a.m.

WHERE:       Annapolis Regional Library

1410 West St.

Annapolis, MD 21401

CONTACT:  Barbara Sauers 410-260-7438 (office), 410-212-9414 (cell)