Go to the Map By Kristin Davis State-run savings plans are making great strides. Utah is among several states that have dramatically improved their college-savings plans in the past year. The Geises could also have chosen to keep their money entirely in stocks, entirely in bonds, or, by opening two accounts, in any combination of the two. Until now, most state-run plans have tended toward a single investment track with more timid asset allocations. Geis, for instance, says he decided against the Fidelity-run plan in New Hampshire and the Merrill Lynch plan in Maine because they retreated from stocks too quickly.
More states are certain to follow the trend.
But while a good bet for college savings is getting even more exciting, some states' plans are still clearly better than others. The Kiplinger Washington Editors, Inc.