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Updated: June 30, 2013 6:06AM
College Savings Day’s today; how will you pay for it?
Cars roaring at the Indianapolis Motor Speedway with thousands of Hoosiers celebrating is what most individuals associate with Indiana in May. Although there is nothing like watching the Indianapolis 500, there’s more to be celebrated in May: May 29, College Savings Day.
What’s that you ask? It’s a day to celebrate planning and preparing for the most important investment you can make in education. You can do this by opening or contributing to a CollegeChoice 529 Savings Plan, a tax-advantaged way for any Hoosier to save for a loved one’s education.
Studies have shown the typical bachelor’s degree recipient can expect to earn about 61% more over a 40-year working life than the typical high school graduate earns. There’s no better gift for a loved one than helping them prepare for some level of higher educational attainment.
The CollegeChoice Plan works for any Hoosier because it’s eligible for more than your two- or four-year universities and colleges. Technical, vocational, or trade schools qualify as well. So, whether you are saving for your toddler at home or for career retraining for yourself — it works! Even better, saving for the future gives you a tax benefit today! Any Hoosier who contributes to a CollegeChoice Plan is eligible to receive a 20 percent state income tax credit, up to $1,000, on their contribution. That’s an immediate 20 percent savings, faster than the quickest pit stop imaginable!
Our country’s future depends on an educated workforce. It’s projected that by 2018 there will be 930,000 job vacancies in Indiana. Those are jobs Hoosiers want and need to fill but require post-secondary education or training. That’s why it’s more important than ever that you start planning and preparing now! Don’t put the brakes on your future by not saving now! Help us spread the word by talking to your friends, family, and employers about the CollegeChoice 529 Plan. We all need to be involved in making 5/29 College Savings Day a turning point in our communities!
Finish the race a winner by saving today! For more information on the CollegeChoice 529 Savings Plan, visit www.collegechoiceplan.com.
Soccer game viewers showed no class with comments
My grandson was on the Northwest Indiana Soccer League (under 8 ). It was a traveling team and very organized with excellent parent participation. His last game held at Stewart Park in Munster was the exception. A small boy let a ball get by him and scored. As he turned away you could see him wipe a tear from his face and two middle aged couples actually yelled at him showing they had no class whatsoever. When it happened a second time they laughed again which made the boy cry. I am thankful I don’t have a child or grandchild in that family because they all showed they are the epitome of bad sportsmanship. These children are under 8 years old. Shame on them.
Gwen M. Kolesiak