"College savings plans come of age" (BusinessWeek Investor, Mar. 12) says that the magazine "has compiled a comprehensive guide to the new 529s." The Montana and Arizona plans are statutory savings programs that were established subsequent to the enactment of Section 529 of the Internal Revenue Service code. To exclude such programs from your comprehensive guide simply because they offer a guaranteed investment indexed to the college inflation rate is arbitrary.
Peter A. Roberts
College Savings Bank