College Savings Plans of Maryland, based in Baltimore, MD, offers the Maryland College Investment Plan and the Maryland Prepaid College Trust to help individuals save for higher education expenses. With flexible investment options and potential tax advantages, individuals can save for college according to their budget and goals. The plans allow savings to be used at federally accredited colleges, technical or trade schools, and certified apprenticeships.
In addition to college savings plans, College Savings Plans of Maryland also offers Maryland ABLE accounts, which provide a new way for individuals with disabilities to save money for Qualified Disability Expenses without affecting their eligibility for state or federal means-tested benefits. These accounts offer individuals more independence and a better quality of life.
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