State Treasurer Michael L. Fitzgerald is asking Iowans to celebrate 529 Day on May 29 by exploring the benefits of using a 529 plan, such as College Savings Iowa, to save for their loved one’s future higher education expenses. “We want parents to know it’s never too early to start planning for their child’s education,” Fitzgerald said. “As a way to raise awareness about 529 plans, families are able to gain a jump start on saving for their child’s future education by registering any time before May 29 for the chance to win a free $5,290 College Savings Iowa account.” For more information and to enter the giveaway, please visit my529iowaplan.com.
Iowa's Economic Outlook
Iowa’s economy continued to see improvement in the first quarter of 2013. The state’s unemployment rate remained strong ending the quarter at 4.9%, ranking Iowa as the fifth lowest in the nation. Helping to boost Iowa’s employment levels has been the resurgence of the manufacturing sector, creating over 8,000 jobs since the first quarter of 2012. Spurring this growth in manufacturing has been the strong performance of the agricultural sector. Though the impact of the drought was severe on Iowa farmers, Iowa’s economy continued to thrive with the impact of the drought mitigated by the state’s well-diversified economy. Additionally helping to strengthen Iowa’s economy is the resurgence of the housing market, with Iowa experiencing increased new housing starts, home sales, and home values. Overall, with the effects of the drought beginning to ease and the increased activity in the housing market, Iowa’s economy looks poised to remain strong throughout 2013.