Path2College 529 Plan

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DECAL and Path2College Partner for Sixth Year to Award Four Child-Care-Age Children Across Georgia College Savings Contribution

Jul 01, 2020

ATLANTA — The Path2College 529 Plan and the Department of Early Care and Learning (DECAL) have once again joined forces to raise awareness about the importance of financial planning and saving for college. The We Care, Child Care Sweepstakes kicked-off today, and parents and grandparents have until July 31, 2020 to enter for a chance to win $1,529 for their child or grandchild’s college savings.

Four children across the state of Georgia will be awarded with a $1,529 for their Path2College 529 Plan, and each winner’s child care program will be awarded $529.

“Our goal is to reach families with young children to educate them about the resources the state of Georgia offers to help them prepare for their children’s future educational costs,” said Georgia State Treasurer Lynne Riley. “By saving early and regularly over time, families can build a strong financial foundation to help offset these costs.”

The sweepstakes is open to legal residents living in the state of Georgia who are at least 21 years of age or older and the parent, legal guardian or grandparent of a child born on or after January 1, 2007. Winners will be chosen randomly from four regions — Metro Atlanta, Southeast, North, and South Georgia.

“As our children get older, my husband and I realize more than ever the need to start planning for their education beyond high school,” said DECAL Commissioner Amy M. Jacobs. “Georgia’s Path2College 529 Plan is a perfect way to get started. I hope many Georgia families will enter this year’s We Care, Child Care Sweepstakes. Lucky winners can begin or add to an account that will help their children choose an academic path leading to a productive career and future.”

Past winners of the We Care, Child Care Sweepstakes include: Khylen Warren of Fort Valley, Lord Christopher of Brunswick, Giancarlo Gomez and Brandaya Newland of Snellville, Isabella Branson of Kennesaw, Easton Williams and Lily Wallace of Gainesville, Adaleigh Carter of Athens, Rebekah Suggs of Ludowici, Emily Haberman of Senoia, Alexander Hawkins of Augusta, Amelia Jane Thomason of Cleveland, Maci Hodo and Kedren Ceesay of Atlanta, Nevaeh White of Griffin, Lucas Chapman of Macon, Jensie Merritt and Carter Faulk from Alma, Liam Cain from Appling, Javon Green from Columbus, and Daishaun Burgess from Lithonia.

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. 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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