State Treasurer of Iowa

College Savings Month is on the Horizon!

To celebrate 529 College Savings Day, my office and College Savings Iowa held a Facebook giveaway for a $529 account. We had almost 2,000 entries over the week leading up to May 29th (529 Day). Coming up in September, we’ll be celebrating College Savings Month and those who follow our social media may have another chance to win a College Savings Iowa giveaway account!

College Savings Month is a great time to learn more about how you can save money for college using a 529 plan and how a 529 plan works in general. If you already have a 529 account open for the special children and grandchildren in your life, College Savings Month is also a great time to make an extra contribution to those accounts. Throughout College Savings Month, take the time to learn about how much college may cost in the future, the value of having a higher education degree, the tax benefits of 529 plans and much, much more!

My office and College Savings Iowa also went through a quick change the weekend of May 19th. We have successfully implemented new blended portfolios to the age-based savings tracks to make the glide paths smoother. With these changes, there will be a more gradual reduction in stock exposure as beneficiaries get closer to college age. We have also successfully replaced the Money Market Portfolio with the Interest Accumulation Portfolio, which broadens our plan’s investment diversification.
 
For more information about College Savings Iowa, call 888-672-9116 or visit CollegeSavingsIowa.com. Connect with the plan on Facebook and Twitter (@Iowa529Plan) to stay up to date on current giveaways and events.
 
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