News & Press Releases
Marietta family wins $5,529 college savings contribution as winner of statewide Path2College Newborn Sweepstakes
ATLANTA—Today, Jessica Yonatan was selected as the 2018 Path2College Newborn Sweepstakes winner and was awarded $5,529 for her daughter Miriam’s Path2College 529 Plan account.
“I entered this contest for my newborn daughter. I know the importance of saving early for college, and I wanted to set her on the right path,” said Jessica Yonatan, Miriam’s mother. “My parents provided me with college funding through a 529 plan, and this was important for me to do for my own daughter as well. I want her to choose the college she would like to attend knowing that the funds are there to support her goals and dreams. I am so grateful to have entered and won this sweepstakes to help me build this safety net for my daughter’s education.”
As part of the sweepstakes, the hospital where Yonatan was born, Northside Hospital in Atlanta, also received a prize of $1,529.
“Having a new baby should be more rewarding than taxes for new parents. This is why we felt it was important for us to partner with Path2College 529 Plan and offer a promotion to heighten the joy of the Yonatan family by starting a path of knowledge and fulfillment for Miriam,” said Bessie Smith, operations manager of Family Centered Care at Northside Hospital, which delivered 16,000 babies last year, more than any hospital in the country. “Here at Northside, we are invested in the wellness of our communities and families who trust our compassionate health care and high-quality expertise from birth through all stages of life. We wish happiness for the Yonatan family and all of our Northside families.”
More than 2,500 parents and grandparents entered the Path2College 529 Plan Newborn Sweepstakes during 2018.
“New parents have so many things to think about, and college often seems so far in the distance. But as we all know, the years are short, and contributing regularly over time is the best way to build a solid foundation for a child’s future educational expenses,” said Caylee Noggle, president of the Georgia Student Finance Commission, which partners with the Office of the State Treasurer to administer the Path2College 529 Plan for the state of Georgia. “That’s why it’s important for new parents to think about college today, while their children are young. We hope this sweepstakes inspires them to start looking at their saving options.”
The Path2College Newborn Sweepstakes is currently in its ninth year, and parents, grandparents and guardians of Georgia babies born in 2019 may go to www.Path2College529.com for official rules, prize details and to enter for a chance to win the 2019 Newborn Sweepstakes. Entrants must be legal residents or taxpayers to Georgia and at least 18 years of age to enter. Enter by April 14, 2020. No purchase necessary.Void where prohibited. Sponsored by the Path2College 529 Plan.
Past Newborn Sweepstakes winners include: Emma Hayward, Charlie Ryan Grant, Clara Grace King, and Bryce Wilson, who were each born at Northside Hospital in Atlanta; Leeman Wills, born at University Hospital in Augusta; Darron Lenon, who was born at Doctors Hospital in Augusta; and Luca Alonzo, who was born at Cartersville Medical Center.
For more information about the Path2College 529 Plan or to open a college savings account, please visit www.Path2College529.com or call (877) 424-4377.
To learn more about the Path2College 529 Plan, its investment objectives, tax benefits, risks, and costs please see the Disclosure Booklet at path2college529.com. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss. Check with your home state to learn if it offers tax or other benefits such as financial aid, scholarship funds or protection from creditors only available for investing in its own 529 plan. Consult your legal or tax professional for tax advice, including the impact of the new federal tax changes. If the funds aren't used for qualified higher education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply.
TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC, distributor and underwriter for the Path2College 529 Plan.