This Holiday Season Give the Gift That Lasts a Lifetime
Open a ScholarShare College Savings Account and Start Saving
(firmenpresse) - SACRAMENTO, CA -- (Marketwired) -- 12/16/13 -- It's officially gift-giving season, and with one less weekend between Thanksgiving and Christmas, , California's 529 college savings plan, reminds parents, grandparents and family members to give the gift of a college education to a loved one.
Less time to buy gifts puts pressure on family members, but it's easy to open a ScholarShare account or make a contribution to an existing account. You can start with as little as $25, and after you've opened the account and made a contribution, you can download a "Gift of Education Certificate," which is available in a holiday theme. The certificate also allows for a personal message to the beneficiary.
ScholarShare, recently named one of the nine best 529 plans in the nation by a prominent ratings agency, offers a wide variety of low-cost investment options. It also provides valuable tax advantages. Any US citizen, or resident alien with a valid Social Security Number or Taxpayer Identification Number, can open a new account. Funds can be used at any eligible educational institution in the nation, and some abroad, for a variety of qualified higher education expenses, including mandatory fees, books, supplies, or even certain room and board costs.
College savings specialists are available for phone and in-person consultations at no cost.
ScholarShare accounts may be opened with as little as $25 per investment portfolio. ScholarShare has no annual account maintenance fee, no income limit and offers a high maximum account balance. Established in 1999, ScholarShare currently holds more than $5 billion in assets in more than 245,000 accounts as of 6/30/13. To sign up for an account or for more information about the plan, visit . For information about the ScholarShare Investment Board (SIB), visit . Like ScholarShare on Facebook at and follow us on Twitter at .
Named for the section of the IRS code under which they were created, 529 plans offer valuable tax advantages. Contributions are made with money that has already been taxed. Once funds are placed in the account, investment earnings, if any, are not federally or state taxed, if withdrawn to pay for qualified higher education costs.
The ScholarShare 529 College Savings Plan Twitter and Facebook pages are managed by the state of California.
TIAA-CREF Tuition Financing, Inc., Program Manager.
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 16.12.2013 - 16:00 Uhr
Sprache: Deutsch
News-ID 324640
Anzahl Zeichen: 0
contact information:
Town:
SACRAMENTO, CA
Kategorie:
Education Aids and Products
Diese Pressemitteilung wurde bisher 368 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"This Holiday Season Give the Gift That Lasts a Lifetime"
steht unter der journalistisch-redaktionellen Verantwortung von
ScholarShare (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
