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Georgia Baby Born in 2021 to Win $5,529 College Savings Contribution

Jun 01, 2021

The state of Georgia’s Path2College 529 Plan is once again giving Georgia families that welcome a new baby the opportunity to kick-off their newborn’s college savings with $5,529 through its Newborn Sweepstakes. The hospital where the Newborn Sweepstakes winner is born will also win $1,529.

Parents, grandparents and guardians of Georgia babies born in 2021 may go to www.Path2College529.com until April 14, 2022, for official rules, prize details and to enter for a chance to win the 2021 Newborn Sweepstakes. Entrants must be legal residents or taxpayers of Georgia and at least 18 years of age to enter. No purchase necessary. Void where prohibited. Sponsored by the Path2College 529 Plan.

“Having a newborn brings with it many new responsibilities, which can often be overwhelming for new families. We want to help with one important area—financial planning for education,” said Georgia Student Finance Commission President Lynne Riley. “We have the tools families need to plan for future education-related expenses, and we hope to encourage families to start saving early. Saving regularly over time is the best way to make an impact, and one lucky family will get a jump-start on saving!”

The Newborn Sweepstakes was established in 2011 to help inform families with newborns about the state’s college savings plan and the importance of financial planning. Since its inception, it has awarded nearly $50,000 to Georgia children to help with their education expenses, as well as more than $13,000 to Georgia hospitals.

The 2019 winner was born at Coliseum Medical Centers in Macon; the 2017 winner was born at University Hospital in Augusta; the 2016 winner was born at Cartersville Medical Center; the 2011, 2013, 2014, 2015 and 2018 winners were born at Northside Hospital in Atlanta; and the 2012 winner was born at Doctors Hospital in Augusta. The 2020 winner will be announced later this year.

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 Plan Description 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. 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, distributor and underwriter for the Path2College 529 Plan.


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