NU Online News Service, April 7, 2003, 4:52 p.m. EDT – MetLife Inc., New York, has agreed to help Seligman Advisors Inc., New York, distribute the National College Savings Program.
The National College Savings Program is a 529 college savings program set up by the North Carolina State Education Assistance Authority.
Seligman, a unit of J.&W. Seligman & Company Inc., New York, has been distributing the North Carolina 529 program itself. MetLife will now help market the program through broker-dealers throughout the United States.
The broker-dealers will include MetLife Securities Inc. and other MetLife affiliates, the companies say.