DES MOINES — State Treasurer Michael Fitzgerald is reminding those in Muscatine and Cedar counties there’s still time to register to win a $529 or $1,529 College Savings Iowa contribution. “To celebrate the holiday and gift-giving season, we’re giving away 100 gifts of our own,” said Fitzgerald. “Each Iowa county will have a $529 contribution winner, and a grand prize winner from all entrants will receive a $1,529 College Savings Iowa contribution.”
Those interested can visit Iowa529Contest.com to read the official rules and register for their chance to win before Dec. 31. All Iowans are encouraged to register for the giveaway, whether they have a College Savings Iowa account or not.
The gift of education is one that keeps on giving, often leading to more career opportunities. In addition, saving for future education with a 529 plan like College Savings Iowa can help limit the need to borrow and take on overwhelming student loan debt. “Opening an account for the special children in your life could be the greatest gift of the year,” Fitzgerald said. “College Savings Iowa is for individuals and families planning for all types of futures. Your savings can be used to pay for qualified expenses at universities, colleges, community colleges, trade and vocational schools, apprenticeships and more.”
Since its launch in 1998, College Savings Iowa has grown to more than $5.5 billion in assets and more than $3.2 billion has been used for qualified educational expenses. The plan has over 254,000 active accounts with an average size of $20,659.
Visit Iowa529Contest.com to complete the registration for the giveaway. To learn more about College Savings Iowa, please visit CollegeSavingsIowa.com or call (888) 672-9116.