More People Investing in Edvest

Wisconsin Public Radio recently interviewed Stephanie Marquis of the state Department of Administration, which oversees Edvest. She reported that contributions to Edvest grew by 14 percent in the last year. Some of the appeal of Edvest, she says, includes a new, lower threshold to start – just $25 – and a tax advantage for Wisconsin residents. Parents have until the year-end tax deadline of December 31 to contribute to their children’s accounts to take advantage of reducing their 2013 Wisconsin state taxable income. Listen to the full interview here: