The Kansas LearningQuest 529 Education Savings Program allows you to effectively save money towards a college education. There is a $1,000 ($250 for Kansas residents) initial investment minimum. Or, you can open an account with an automatic investment of $50 per month ($25 for Kansas residents) from your bank account or paycheck. Any earnings grow tax deferred at the federal and Kansas state levels. Kansas taxpayers receive an annual adjusted gross income deduction of up to $3,000 ($6,000 if married, filing jointly) for contributions per beneficiary, per year. The earnings portion of withdrawals used to pay for qualified education expenses is tax free at the federal and Kansas state levels. You may contribute annually up to $12,000 per beneficiary without being subject to gift tax, or no federal gift tax on contributions per beneficiary up to $60,000 ($120,000 for spousal gifts) in a single year.
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
