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September is College Savings Month, Treasurer Zweifel Tours the State to Promote Saving for Higher Education

August 29, 2014



JEFFERSON CITY, Mo., Aug. 29 -- The Missouri State Treasurer issued the following news release:

State Treasurer Clint Zweifel (ZWY-ful) will celebrate College Savings Month in September by visiting elementary school students across Missouri to encourage families to start saving for higher education. As part of College Savings Month, MOST--Missouri's 529 College Savings Plan has challenged K-5 grade students to draw a poster depicting what they want to be when the grow up. Four winners will receive contributions to MOST 529 accounts.

"As students are getting settled into the new school year, they should keep in mind ways to prepare for their future, including saving for higher education," Treasurer Zweifel said. "This is an important message for all young people to hear, and by reaching out to students and families we are hoping to start some of those conversations. Individuals can set up a MOST 529 account with as little as $25, and it is an easy way to take a big first step toward saving for higher education."

During the month of September, K-5 students will have a chance to compete for one of two grand prize $1,500 MOST 529 accounts. To win, students must draw a picture depicting what they want to be when they grow up. Winners will be chosen for a grade K-2 age group and a grade 3-5 group. After the grand prize winners are chosen, MOST will nominate 10 posters for a "people's choice award" in each age group. Facebook users will have a chance to go to MOST 529's Facebook page (https://www.facebook.com/MOST529) and vote on their favorite. The people's choice winners will each win $529 contributions to a MOST 529 account. Complete instructions for the contest are available at MissouriMost.org.

"This contest is a fun way to encourage children to think about their future and to start talking about the steps that will get them get there," Treasurer Zweifel said. "Higher education is the most important investment we can make in our children, and the MOST 529 plan is a way to make that more accessible for families. I am proud to be able to talk to so many young people about the role they will play in the future of this state."

Treasurer Zweifel manages MOST - Missouri's 529 College Savings Plan, and under his management the program has grown to more than $2 billion in assets for more than 129,000 accounts - each an all-time high. To learn more about MOST 529, visitMissouriMost.org or call 888-414-MOST (888-414-6678). The MOST 529 Plan offers federal and state tax benefits, low costs and flexible ways to contribute.

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Source: Targeted News Service


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