New Savings Account for College Proposal
U.S. Congressman Jose Serrano (D-NY) and a number of his colleagues in the U.S. House of Representatives agree. On August 1st, they introduced the Financial Security Credit Act of 2013 (H.R. 2917).
If passed into law, eligible families who contributed to a range of saving products, including those traditionally associated with retirement, such as 401ks and IRAs, as well as more flexible vehicles, such as savings bonds and short-term savings accounts or certificates of deposit, would see...
