State’s college saving plan gets top rating

The Clarion-Ledger, 3/9/9

One of Mississippi’s college savings plans is among the top five programs in the nation, according to a recent ranking.

Consumer Reports awarded the Mississippi Affordable College Savings plan an “A” on its performance during last year’s stock-market plunge, citing its investment flexibility, low expenses and fees.

The recognition earned MACS a spot among the top performing 529 college savings plans in the country.

“MACS is a smart and flexible way for families to invest for their child’s education,” State Treasurer Tate Reeves said in a news release. “The key is to start saving early.”

Reeves’ office oversees the College Savings Plans of Mississippi, including MACS and the Mississippi Prepaid Affordable College Tuition program.