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| Watch This Week's "The State of Ohio" Online |
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This week on "The State of Ohio": State lawmakers consider what they can do in the wake of the horrible and yet miraculous escape story out of Cleveland involving three women held prisoner in a house for a decade. New data shows more than half of all violent crimes are committed by a very small numbers of offenders. Lawmakers are now working to target that tiny group. And more thoughts on legislation that would dramatically change rules on unions in Ohio.
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| Some good money news for Ohio - state's college savings plan doing better than ones in other states. |
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By Jo Ingles - April 24, 2009 |
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The 529 plan that Ohioans can use to save for college is getting high marks from an organization that rates investments. Morningstar says Ohio's College Advantage 529 Savings plan is performing better than similar plans in most of the other states. That doesn't come as a surprise to Jackie Williams, the director of the Ohio Tuition Trust Authority, the agency that oversees the investment product. |
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Jackie Williams (:21) 
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| (....investment market :21)
In a 529 plan, parents can put after tax dollars into a mutual fund account operated by the state. The money deposited and all of the earnings on it can be withdrawn tax free at a later date as long as those dollars are used for a higher education. |
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