September is College Savings Month!
Vermont students in grades preK-6: Pull out markers, pencils or crayons and draw a picture of a job you are curious about … and get a chance at $200 (or more!) in VT’s official 529 college savings plan!
The ‘802 Future You’ 5-2-9 giveaway kicks off during National College Savings Month and runs from Sept. 12 to Oct. 15, 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, invites Vermont students preK-6th grade to draw a picture of a job they are curious about and have their parent/guardian post it on social media to enter to win $200 (or more) in a VT529 college savings account.
The giveaway runs 5 weeks, with 2 ways to win and a total of 9 VT529 college savings plan winners (5-2-9, get it?). The 5-2-9 entry period is from Sept. 12 to Oct. 8, 2021, with the grand prize winner of $529 in college savings chosen by Oct. 15. See the full entry rules.
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.