The State of Michigan is paving the way for other businesses by being the first to offer its employees a way to save for higher education. Governor Posthumus said. I strongly encourage all Michigan employers to follow suit by offering this service to their employees.
Education is the cornerstone of great careers and great careers build good futures.
Tax relief for education savings accounts makes it possible for all families to save for college or technical school. Nearly all postsecondary institutions in the nation are eligible and the account covers tuition, room, board, books and other college-related costs. Visitors to the Web site also can view a short video on the program. MESP is offered by the Michigan Department of Treasury. TFI has been selected as program manager for 11 state-sponsored, higher education savings plans, making it the largest manager of these programs.