Randall Edwards
Randall Edwards
accumulate allow associated avenue benefits buy channels college diverse educate education federal free income investment meet mix month needs options oregon plans program providing savings tailored taxes varied withdrawn
Oregon has tailored its 529 program to meet the varied needs of our residents by providing a diverse mix of investment options and channels to buy these plans. College Savings Month is an important avenue for us to educate Oregon residents about the benefits associated with 529s, especially how these plans allow education savings to accumulate tax-free and be withdrawn free from federal and Oregon income taxes when used for college tuition.
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Reaching $500 million this quickly is a testament to the quality of the state's college-savings program and the recognition by Oregonians that saving now is better than borrowing later,
bonding credit impact normal reserve typical
This time, you didn't see them raiding reserve funds, and bonding was for typical investments in infrastructure, ... We had a very normal session. It didn't in any way impact the state's credit standing.