Celebrate 529 Day this Thursday, 5/29

May 27, 2014

This Thursday is 529 College Savings Day, a day to raise awareness about the value of planning ahead for college expenses with 529 plans. The general theme is: Don’t panic, plan. Any amount saved in advance can lower amounts that may need to be borrowed for college, trade or technical school down the road. 

Across the nation, events are taking place on Thursday with the goal of raising awareness about the benefits of 529 plans and the importance of planning ahead for higher education expenses.  Here are just a few examples:

• Rhode Island is hosting an informative and fun College Savings Night at a Pawtucket Red Sox game, plus all babies born in Rhode Island and children who get adopted on 5/29/14 will receive $529 towards a Collegeboundfund account.
• Pennsylvania is waiving the $50 enrollment fee for the PA 529 Guaranteed Savings Plan for accounts opened on Thursday.
• Florida will be providing 10 lucky winners with a $529 scholarship deposited into a FL 529 College Savings Plan.
• Connecticut will be holding a random drawing for a $1,529 CHET contribution, open to parents or guardians with a child born in May of 2014.

If I didn’t list your state of residence, you can click on an interactive map to check out what might be available for you.