Most parents can’t cover 100% of their son or daughter’s college education. With the gift options from the Minnesota College Savings Plan, you don’t have to. A unique part of the plan saving is the capability to give and receive contributions from friends and family — making supporting a child’s future education a win-win for everyone. Your account will grow faster. And in certain cases, the contributor can receive state tax benefits to incorporate the gift into their overall estate and legacy planning. Consult your tax advisor.
Asking For & Giving Gift Contributions
If you are a parent that would like to ask for gifts or a gift giver that would like to contribute find out more about how to do this.
Legacy & Estate Planning
Making a larger contribution to your grandchild’s, niece’s or nephew’s higher education can help future plans — theirs and yours.
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