Another Chance to Win Free Money for College
Find out about a year-end giveaway from ISave 529 in this guest article from Iowa Treasurer of State, Roby Smith.
There is still time to register for the ISL Education Lending Scholarship before the December 2 deadline. Registration takes just a few minutes to be entered into random drawings for $1,000 iSave 529 Plan deposits.
Give a Gift to Empower Their Future
This holiday season, give a gift to help your child achieve a dream as unique as they are. As a subscriber to SP3 — Student Planning Pointers for Parents, you’re likely planning for the financial aspect of your children’s future education, and ISave 529™ plan can help. To share the magic and joy of the holiday season, ISave 529 is giving away a $5,290 contribution! Iowa families can visit Iowa529Contest.com to register the children in their lives until Tuesday, December 31, 2024.
Flexibility
ISave 529 offers families flexibility with when, where and how account funds are used. The child you’re saving for can attend any eligible education institution in the U.S. or abroad, including two- and four-year colleges, apprenticeship programs and trade schools. Funds can be used to pay for tuition, room and board, books, computers, supplies and other qualified education-related expenses. Additionally, money can be used for K-12 tuition, student loan repayment or rolled into a Roth IRA.
Tax Advantages
Opening an ISave 529 account or making a contribution to an existing account is the gift that keeps giving, not only for your student, but for you as well. Iowa taxpayers have the added benefit of deducting up to $5,500 of your contributions per Beneficiary account from your 2024 state income taxes.
Gifting with Ease
Family and friends can easily contribute to your child’s ISave 529 account, making it a great gift option for holidays, birthdays and other special occasions. Each Beneficiary’s account has a unique Ugift® code friends and family can use to send gift contributions directly to their ISave 529 account. To get started, after logging in to your account, click “Share Ugift code” in the right menu to see your Beneficiary’s unique code. Friends and family can visit ugift.com, enter the code and securely complete the transaction.
Share the magic of investing in your child’s education dreams this holiday season as you gather with family and friends, and don’t forget to register for our giveaway!
Roby Smith
Iowa State Treasurer
About the Author: Iowa State Treasurer Roby Smith is the State’s banker, invests Iowa’s money, coordinates bonding, returns millions through Great Iowa Treasure Hunt, helps families save for education through the ISave 529 plan, assists people with disabilities and their families in saving for disability-related expenses through IAble and promotes financial education and empowerment throughout the state.
For additional details about ISave 529, view the Program Description.
ISave 529 and the ISave 529 logo are trademarks of the Iowa Educational Savings Plan Trust. Ugift is a registered service mark of Ascensus College Savings Recordkeeping Services, LLC.
Next Steps
Be sure to complete the survey questions at the end of this article to be entered into the 529 deposit giveaway!
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