News & Press Releases
Path2College 529 Plan donates $2,500 to Children’s Healthcare of Atlanta
ATLANTA, GA—Today, Georgia’s Path2College 529 Plan presented Children’s Healthcare of Atlanta with $2,500 for its school program. Additionally, the Path2College 529 Plan will make a donation so every family with a child at Children’s on May 29 can open a college savings account.
“Like all parents, Children’s Healthcare of Atlanta wants a bright future for children, too,” said Sharon Robinson, Senior Director at Children's Healthcare of Atlanta Foundation. “Children’s cared for more than 430,000 kids last year, totaling more than one million patient visits. As the pediatric population continues to grow in Georgia, it is more important now than ever that Children’s is ready to care for all kids. We are grateful that Georgia Path2College 529 Plan is joining us and investing in children.”
Children’s is the only freestanding pediatric healthcare system in Georgia. The not-for-profit organization’s mission is to make kids better today and healthier tomorrow through more than 60 pediatric specialties and programs, top healthcare professionals, and leading research and technology. Children’s is one of the largest pediatric clinical care providers in the country, managing more than one million patient visits annually at three hospitals, Marcus Autism Center, the Center for Advanced Pediatrics and 26 neighborhood locations.
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, said, “Children’s Healthcare of Atlanta plays such a vital role in our community and our state, and by helping them achieve their goals, we are helping Georgia’s children prepare for a bright future, which is our ultimate mission.”
The Path2College 529 Plan was established in 2002, and as of March 31, 2019, the Path2College 529 Plan had more than 170,000 accounts and more than $3 billion has been saved on behalf of more than 49,000 beneficiaries to pay for education-related expenses. With as little as $25, a plan can be opened and contributions can be made to the Path2College 529 Plan. The Path2College 529 Plan helps families prepare for the future costs of college tuition and other qualified expenses (which may include tuition, fees, books, certain room and board costs, supplies and equipment required for enrollment, such as computers and related technology such as internet access fees, software or printers).
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.