May 13, 2015

Annual 鈥5/29 College Savings Day鈥 offers excellent time for families to start saving

For Immediate Release
May 13, 2015

The University of Alaska College Savings Plan joins state savings plans around the nation on May 29 (5/29) in celebrating 鈥5/29 College Savings Day鈥 and the importance of saving for education expenses.

鈥淗igher education is one of the best investments a person can make,鈥 said Lael Oldmixon, 绿奴天花板 College Savings Plan director. 鈥淚 encourage Alaska families to take some time on 5/29 College Savings Day to discuss college savings goals as a family and learn how a college savings plan can help make those goals a reality.鈥
 
The 绿奴天花板 College Savings Plan will host a series of 5/29 Day events. In Anchorage on May 16, plan staff will celebrate at the Reading Rendezvous event from noon-4 p.m. on the lawn at the Loussac Library. In Fairbanks on May 29, they will host a celebration from 2 p.m. - 5 p.m. at the Fairbanks Children鈥檚 Museum, in partnership with Fairbanks Families, the Northstar Imagination Library and Thread. Both events will offer refreshments, activities, giveaways and information about the 绿奴天花板 College Savings Plan.
 
鈥淚t is never too early to set an expectation that going to college is essential in today鈥檚 world. We want to help the families who participate in 5/29 Day events get a head start toward saving for college,鈥 said Oldmixon.

Additionally, during May the plan will give away a limited number of its popular T-shirts. To request a free shirt visit the 绿奴天花板 College Savings Plan鈥檚 Facebook page at www.facebook.com/ak529. This year, blue shirts feature a diploma and the words, 鈥淲atch out college, here I come!鈥 绿奴天花板 is asking recipients to share photos of their youngsters wearing the shirts on the 绿奴天花板 College Savings Plan鈥檚 Facebook page.
 
鈥淲e enjoyed seeing kids across the state sporting their shirts so much that we decided to do it again,鈥 Oldmixon said. 鈥淭he real aim though is to get both parents and children thinking about education and workforce training beyond high school.鈥
 
The 绿奴天花板 College Savings Plan is one of the top-rated 529 plans in the country and is helping thousands of Alaska families save for future college expenses. T. Rowe Price, a well-known financial services provider, manages the plan on behalf of 绿奴天花板. Accounts in the plan grow tax-free and distributions from accounts are tax free when used to pay for qualified college expenses at any institution, including the University of Alaska. Alaskans can invest in the plan directly, through employer payroll deduction or through the Alaska Permanent Fund Dividend. To learn more about the 绿奴天花板 College Savings Plan, visit http://www.uacollegesavings.com.
 
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More information: Lael Oldmixon, 907-450-8115 or lmoldmixon@alaska.edu
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