09/05/2024 | News release | Distributed by Public on 09/05/2024 13:11
September is National College Savings Month! To raise awareness about education savings, Alaska 529 is supporting initiatives that encourage families to evaluate their education savings needs and goals.
Join us in participating in the "This Kid is Going Places" T-shirt giveaway and the "This is My Dream Job" sweepstakes!
Alaska 529 is an investment account specifically designed to help families save for future education expenses in a tax-advantaged way. Earnings grow tax-deferred, and qualified distributions are exempt from federal taxes, allowing your savings to grow faster than if they were in a taxable account.
Offered to Alaskans as a way to save for any path they may choose, Alaska 529 is based here at the University of Alaska and complements the UA Tuition Waiver. Funds cover a variety of qualified expenses, including tuition, books, fees, housing, food, computers and other required education expenses.
This month, take time to learn more about the many benefits of saving for future education expenses, with Alaska 529. Happy College Savings Month!
If you have any questions feel free to contact us at 907-474-5671 or email us at [email protected].