Congrats to the College Savings Month winners!
We are truly inspired by the students who shared their job of their dreams with us during the ‘802 Future You’ 5-2-9 giveaway that kicked off during National College Savings Month in September and ran through mid-October, to encourage families to learn more about the benefits of 529 plans as they prepare for their kids’ future college and training. To get students (and their parents) thinking ahead, VSAC, administrator of the Vermont 529 plan, invited Vermont students preK-6th grade to draw a picture of a job they are curious about and have their parent/guardian enter it to win $200 (or more) in a VT529 college savings account.
Eight students received $200 in VT529 savings, and one lucky winner got $529 toward their future education or training. Congrats to the winners, and thank you to all — from the future actors, artists, apple pickers and bakers to the teachers, video game makers, and weather forecasters of tomorrow — who participated. Go after your dreams!
Start now to save for your child’s future.
Just about any job your children or loved ones aspire to will require some form of college or training after high school. Vermont’s 529 savings plan is an easy way for parents, grandparents, and friends to help families save for education opportunities … with tax advantages to help those savings grow. As you save with VT529, you can benefit with a 10% Vermont state income tax credit on annual contributions deposited for college or training after high school.
You can open an account with just $25 or give a gift of any amount. And it’s easy to purchase or redeem the VSAC Gift of College gift card, available at Vermont locations of Kinney Drugs and Cumberland Farms stores. vheip.org/redeem
VHEIP has a new name
The Vermont Higher Education Investment Plan is now also referred to as VT529. It’s easy to say, easy to spell, and easy to understand and remember. Read more here.