MACS offering lower fees - MSNewsNow.com - Jackson, MS

MACS offering lower fees

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JACKSON, MS (Mississippi News Now) -

Parents now have more reason than ever to start saving for their child's higher education.

The Mississippi Affordable College Savings Plan (MACS), the state's college saving accounts, are now offering lower fees.

State Treasurer Tate Reeves made the announcement Wednesday.

The 529 savings plan now offers fees as low as .65 percent. That's down 27 percent.

Lower fees gives account owners the opportunity to put more of their money toward college expenses.

So far, families have invested more than $114-million into the MACS program.

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