On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1360 AM Northeast, WI 97.5 FM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
42° Feels Like: 35°
Wind: WNW 14 mph Past 24 hrs - Precip: 0.24”
Current Radar for Zip

Tonight

Rain 40°

Tomorrow

PM Showers 59°

Fri Night

Mostly Clear 34°

Alerts

Proposal would expand donation pool to Wisconsin's EdVest program

MADISON, WI (WTAQ) - More people could make tax free donations to the state's college savings program, under a bill that's up for a vote in the Wisconsin Senate Wednesday.

EdVest currently allows parents, grandparents, great-grandparents, aunts, and uncles to donate to a child's college fund. The new bill would let anyone donate to a particular child's account, and get the tax benefits for doing so.  

EdVest is getting more popular. The number of student accounts rose by 1.6 percent in the last fiscal year to almost a quarter-million.  

The total amount of money into those accounts jumped by 14 percent last year, to $3.3 billion.  

Republicans sponsored the bill to expand EdVest contribution eligibility. If it's approved, it would go to the Assembly.

(Story courtesy of Wheeler News Service)

Comments