College savings for your kids: Win $5,529 toward a Path2College 529 Plan by partaking in Summer Reading Program
This summer, don’t forget the importance of saving for their child’s continued education,
Georgia’s Path2College 529 Plan has two great opportunities to do just that: the Summer Reading Program & 2012 Newborn sweepstakes.
Statewide Summer reading program: Think BIG! Save for College! Sweepstakes:
The Path2College 529 Plan & Georgia Public Library Service offer the Summer Reading Program and the Summer Reading Program Sweepstakes to encourage Georgia’s children to read during the summer months.
The Path2College 529 Plan will award one Georgia student, 16 years and under, who participates in the Summer Reading Program with $5,529 toward a Path2College 529 Plan account.
Entries must be submitted online by July 31, 2012. Details about the sweepstakes, including the official rules and the online entry form can be found at http://www.path2college529.com/news/reading.shtml .
2012 Newborn Sweepstakes:
The Path2College 529 Plan will award one child born in Georgia during 2012 with $5,529 toward his or her college savings. Parents, grandparents or guardians may go to www.Path2College529.com until April 14, 2013 to enter for a chance to win a prize that will put their loved one on the path toward a college education & a brighter future.
Visit www.Path2College529.com for official rules & details. No purchase necessary. Void where prohibited.
To learn more about Path2College 529 Plan or to open a Path2College 529 college savings account, visit www.path2college529.com or call 877-424-4377.
About the Path2College 529 Plan
The Path2College 529 Plan helps families prepare for the future costs of college tuition and other qualified expenses, such as fees, books, and certain room and board costs for colleges in Georgia and nationwide. The plan is easy to use and understand, with no sign-up, maintenance or third-party sales fees – just a low annul asset-based management fee, and an account can be opened online with as little as $25.
Any earnings in the Path2College 529 Plan are federal and Georgia income tax-deferred and withdrawals for qualified higher education are federal and Georgia income tax free. In addition, the State of Georgia offers a state income tax deduction on contributions of up to $2,000 per year, per beneficiary. (Transfers from another 529 plan are not eligible for the deduction. Recapture provisions apply.) Your account assets can be used at virtually any college or university in the country. The plan offers seven investment options and participants can arrange for automatic contributions to their accounts to be drawn directly from a bank account or made through payroll deduction with participating employers.