NYCSPNew York Chinese School Patrol (New York, NY)
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They compare New York's College Savings Program (NYCSP) with an unrestricted, fully taxable investment.
SS's simulation using historical returns demonstrates that for reasonable tax rates [tau] and holding periods N, this would have happened often if the taxable portfolio were invested fully in stocks while the 529 portfolio were invested according to the NYCSP's prespecified allocation.
The New York College Savings Program (NYCSP) is the name of New York's section 529 plan.