Path2College 529 Plan

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Four Georgia children awarded Path2College accounts as winners of statewide sweepstakes

Sep 15, 2017

ATLANTA—Four Georgia children from across the state were each awarded $1,529 for their Path2College 529 Plans as statewide winners of the We Care Child Care Sweepstakes. The sweepstakes was sponsored by the Path2College 529 Plan and the Georgia Department of Early Care and Learning (DECAL) to help raise awareness about the importance of saving for continued education among pre-k students across the state.

Winners were chosen randomly from four regions—Metro Atlanta, Southeast, North and South Georgia. Winners included four-year-old Nevaeh White of Griffin, 11-year-old Jensie Merritt of Alma, three-year-old Lucas Chapman of Macon and nine-year-old Kedren Ceesay of Atlanta. Additionally, William’s Child Care and Learning Center in Griffin and Eagles Nest Children’s Center in Macon won $529 as part of the sweepstakes.

“Saving regularly over time is the key to establishing a strong financial foundation for our children’s continued education. But, too often families believe college is far enough away that there will be plenty of time to save later,” said Mitch Seabaugh, executive director of the Path2College 529 Plan. “That’s why we partner with DECAL to reach families with young children. We want them to look at their saving options and see the importance of starting early. We also what them to learn about the state’s tax-advantaged Path2College 529 Plan and encourage them to establish a financial strategy to help their children achieve their dreams.”

This is the third year Path2College and DECAL have partnered to hold the sweepstakes.

“At DECAL we focus on helping to build a strong academic foundation on which a child’s school and workforce career can be built,” said DECAL Commissioner Amy M. Jacobs. “The Path2College 529 Plan helps a family build a financial foundation to support that child’s higher ed or workforce plans.”

Past winners of the We Care Child Care Sweepstakes include: Giancarlo Gomez of Snellville, Isabella Branson of Kennesaw, 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 and Maci Hodo of Atlanta.

For more information about the Path2College 529 Plan, please visit www.Path2College529.com.

Consider the investment objectives, risks, charges and expenses before investing in the Path2College 529 Plan. Visit www.path2college529.com for a Plan Disclosure Booklet containing this and other information. Please read it carefully.

Check with your home state to learn if it offers tax or other benefits for investing in its own 529 plan.

Taxpayers should seek advice from an independent tax advisor based on their own particular circumstances. 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.

Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss.

TIAA-CREF Tuition Financing, Inc., Program Manager. TIAA-CREF Individual & Institutional Services, LLC, member FINRA, distributor and underwriter for the Path2College 529 Plan.


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