TALLAHASSEE, Fla., May 1, 2014 /PRNewswire/ -- In celebration of National 529 College Savings Day (529 Day), on May 29th, the Florida Prepaid College Board is getting started early with a College Savings Kit giveaway for all new accounts opened in May and a 529 Day Sweepstakes awarding a $529 scholarship to 10 randomly chosen individuals.* Celebrated nationally and promoted by the College Savings Plan Network, 529 Day brings awareness to state 529 savings plans and the importance of saving for college.
Board Chairman Duane Ottenstroer said, "Though we believe in educating families year-round, 529 Day is a great initiative that allows college savings to take center stage for one special day. As part of this celebration, we are helping families take the important first step to saving now with the College Savings Kit and allowing 10 lucky individuals to jump-start their savings with the 529 Day Sweepstakes."
All new Florida 529 Savings Plan accounts opened through May 31, 2014 will receive a College Savings Kit, complete with tools and gifts to help navigate the world of college savings. The College Savings Kit includes:
- College Savings Tip Card to help you learn more about how to save for college.
- Future College Grad Picture Frame reminding you of the great decision you made for the future college grad in your life you.
- Gift Certificate Forms to share with friends and family to encourage them to help you build college savings through more contributions instead of more toys.
- Contribution Forms so you can easily contribute any time.
- Other fun stuff – all to help remind you of the importance of saving for college.
The Florida Prepaid College Foundation is sponsoring the 529 Day Sweepstakes awarding 10 lucky winners a $529 Scholarship deposited into a Florida 529 Savings Plan account. The 529 Day Sweepstakes is open to U.S. citizens* over 18 from April 28-May 28, 2014. In addition, anyone signing up for a 529 Savings Plan account through May 28 will be automatically entered. Please see official rules for eligibility requirements and details.
The Florida 529 Savings Plan is a flexible, tax-advantaged college savings tool available to families nationwide. The 529 Savings Plan allows for personalized contribution and payment timelines to fit any budget or savings goal. Plus, funds in a 529 Savings Plan can be used for any qualified higher educational expense, including tuition, room & board, textbooks, graduate school and much more. With 11 investment options to choose from, including the most popular age-based option that automatically allocates contributions based on the age of the child, any family is sure to find the right option or combination of options for them. Take part in our Interactive Conversation to learn more.
*NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. ALL FEDERAL, STATE, LOCAL, AND MUNICIPAL LAWS AND REGULATIONS APPLY. VOID WHERE PROHIBITED. SEE OFFICIAL RULES FOR DETAILS.
The Florida Prepaid College Board does not provide tax or investment advice regarding its Florida Prepaid College Plans or Florida 529 Savings Plan. Florida Prepaid College Plans are financially guaranteed by the State of Florida, Section 1009.98(7), Florida Statutes. Florida Prepaid College Plans include Local Fees and the Tuition Differential Fee, but may not cover certain fees imposed by state universities or colleges. Please read the Master Contract carefully. The Florida 529 Savings Plan is not guaranteed and is subject to market conditions. Carefully consider the investment objectives, risks, charges and expenses before investing in the Florida 529 Savings Plan. As with any investment, it is possible to lose money by investing in this plan. Please read the Program Description and Participation Agreement carefully.
- Personal Finance - Career & Education
- 529 Savings Plan