After visiting with us at the Iowa State Fair, Dianne and Dennis Phillips of Spencer, Iowa, took the time to share what College Savings Iowa has meant for them and their family:
We opened and started contributing to our grandchildren’s College Savings Iowa accounts nearly 14 years ago. We make contributions for their birthdays and for Christmas each year.
It was a solution to “What can we give them that they don’t already have?” It also communicated to them that we value their education. Three of our 13 grandchildren have already used all or part of their accounts.
Two great features are the state tax deduction it gives us in the year of contribution, and the interest it has earned for our grandchildren over the years.
Their parents were also grateful!
College Savings Iowa has been a nice program for our family.