Georgia is looking for responses to a Request for Proposal for its recently-enacted 529 savings plan. If your investment company currently has more than $1 billion under management, at least $350,000 per year to underwrite the state's administrative costs (plus a $50,000 initial amount), and a healthy marketing budget for Georgia residents (you can also market nationally), then this opportunity may interest you. The Georgia savings plan becomes operational in 2002 and has a contribution limit of $8,000 per year and $120,000 cumulative per beneficiary. Let's hope they remove the annual limitation as it seems totally unnecessary. Georgia residents below an income threshold get a state tax deduction of up to $2,000 per dependent beneficiary each year. For info go to http://www.ganet.org/purchase/doasview.cgi.

Joe