U.Fund College Investing Plan

The U-Fund College Investing Plan in Massachusetts offers families a unique way to save for education expenses. Managed by Fidelity Investments, this plan provides a variety of investment options, including age-based portfolios and individual fund choices, allowing for customization based on risk tolerance and investment preferences. It stands out with its potential state income tax benefits, including a state tax deduction on contributions for Massachusetts taxpayers. The U-Fund College Investing Plan also offers convenient online account management and a user-friendly platform, making it easy for account holders to monitor and manage their investments. Moreover, the plan allows for flexibility in using funds at eligible educational institutions nationwide.