College Savings Plans of Maryland Host Interactive Webinar on September 23, 2011

College Savings Plans of Maryland, the independent Maryland State agency that offers two tax-advantaged 529 plans – the Maryland Prepaid College Trust and the Maryland College Investment Plan – has announced that it will be hosting a live, interactive webinar on September 23 at Noon.  The webinar will feature Joan Marshall, Executive Director of the College Savings Plans of Maryland and Ned Notzon, PhD, CFA, Vice President and Portfolio Manager, T. Rowe Price.  The pair will provide information about the Plans and be available to answer questions during the presentation.

Like all 529 plans, the Plans can be used across the country at most federally accredited schools, including many trade and technical schools.  Plus, any earnings are tax free as long as they are used for qualified higher education expenses.  Best of all, the College Savings Plans of Maryland have a strong national reputation.  In fact, the Maryland College Investment Plan received a “Top” rating from Morningstar, Inc.*

WHAT:           College Savings Plans of Maryland Webinar

WHEN:           September 23, 2011; 12:00pm-1:00pm

WHERE:         CollegeSavingsMD.org/Webinar

                        Registration currently available

To learn more about College Savings Plans of Maryland, visit www.CollegeSavingsMD.org.

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Please carefully read the Enrollment Kit which describes the investment objectives, risks, expenses, and other important information that you should consider before you invest in the College Savings Plans of Maryland. The Enrollment Kit is available online or by calling 1-888-4MD-GRAD. Also, if you or your beneficiary live outside of Maryland, you should consider before investing whether your state or your beneficiary’s state offer state tax or other benefits for investing in its 529 plan.

College Savings Plans of Maryland, Administrator and Issuer
T. Rowe Price Associates, Inc., Program Manager and Investment Adviser for MCIP
T. Rowe Price Investment Services, Inc., Distributor/Underwriter of MCIP

*Morningstar analysts reviewed 52 plans for its 2010 survey, of which 5 plans received a “Top” rating. Ratings for each plan are based on five factors: the quality of the underlying investment options; performance of those options; the skill of the managers of those options; the costs associated with each plan, and the stewardship practices of each plan’s program manager. Plans were then assigned ratings of “Top,” “Above Average,” “Average,” and “Below Average,” and “Bottom.” To earn a “Top” rating, a plan must be best-in-class across all five areas.