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Treasurer’s choice for Md. 529 administrator confounds plan holders

June 6, 2023

Families who say they’ve been denied tens of thousands of dollars in college savings from their Maryland 529 prepaid trusts were confounded after learning that, despite new oversight, the former executive director would still be responsible for administering the program. The State Treasurer’s Office assumed responsibility for the Maryland 529 prepaid college trust and investment plans on Thursday of last week.

Article Source: The Daily Record

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