Magaziner: State CollegeBound savings to help fund apprenticeships
RHODE ISLANDERS who participate in the state s dedicated college savings plans will now be able to use their savings to pay for apprenticeship costs, R.I. General Treasurer Seth Magaziner announced. / COURTESY R.I. OFFICE OF THE GENERAL TREASURER PROVIDENCE – Rhode Islanders will now be able to use dedicated college savings plans to pay for apprenticeship costs, R.I. General Treasurer Seth Magaziner announced Dec. 1. Money saved through CollegeBound, the state’s 529 tax-advantaged savings plan, was previously designed for traditional postsecondary degrees. Under the expansion, savings plan participants will also be able to…