Manulife Releases New 529 Calculator

July 14, 2003 ( - Plan providers have another tool to help them explain, market and examine possible tax advantages of 529 college savings plans.

The Manufacturers Life Insurance Company (U.S.A.) has released its new Tax Advantaged Calculator that compares investing in a 529 savings plan versus investing in other taxable accounts.   Further, the calculator provides financial consultants with a printed proposal letter or a custom illustration that they can use with prospective clients, according to a news release.

The Tax Advantaged Calculator is available for registered users online at Manulife’s College Savings Resource Center at .