What is Baccalaureate Bond?
A zero-coupon bond issued by certain states to assist families save for college tuition by means of added tax benefits. Read more for examples and further explanation including related video clips and also comments
Example explains Baccalaureate Bond
These bonds are typically issued in small denominations and are offered in several maturities, making them more convenient for investing and paying yearly college tuition fees. In some states, additional benefits like tuition discounts may be included.
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