This Earth Day Choose e-Statements for Your 529 Plan
Help the Environment, Reduce Paper Clutter and Save for College by Enrolling in ScholarShare's e-Delivery Feature
(firmenpresse) - SACRAMENTO, CA -- (Marketwired) -- 04/18/13 -- In support of Earth Day, , California's 529 , is encouraging everyone with a 529 college savings account to help the environment and reduce paperwork by enrolling in ScholarShare's e-Delivery feature, which sends account reports electronically. This feature is one of the many tools that make it easy for anyone to contribute to their child or loved ones' future .
Signing up for e-Delivery is simple and easy. Go to , log-in to your account and click on "Change Account Statement Delivery" to modify your education savings account statement delivery to e-Statements. Once enrolled, you will start receiving all account statements and/or disclosure and privacy materials in PDF form online at no cost. Account statements for your are normally available five business days after the end of each calendar quarter, and you will receive an automatic e-mail notice when your savings plan statement is available for online viewing.
It takes only $25 to open a new college savings account. A family interested in saving for college can check out ScholarShare's other online resource tools on their website. Through the "Give a Gift" option, any gift-giver can open an account or contribute to an existing one. College savings specialists are available for phone and in-person consultations to answer all questions.
ScholarShare continues to offer flexible features for anyone interested in starting a college savings plan. Any US citizen, or resident alien with a valid Social Security Number or Taxpayer Identification Number, can open a new account on behalf of a beneficiary. 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.
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 contribution limit. Established in 1999, ScholarShare currently holds more than $4.9 billion in assets in more than 243,000 accounts as of 03/31/13. Make sure all stats are accurate and current. 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 taxed. As a result, any funds withdrawn from the account to pay for qualified college costs are not subject to federal or state taxes.
The ScholarShare 529 College Savings Plan Twitter and Facebook pages are managed by the state of California.
TIAA-CREF Tuition Financing, Inc., Program Manager.
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Datum: 18.04.2013 - 09:00 Uhr
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