Celebrate College Savings Month With a ScholarShare Account
Share Your Spirit This School Year by Entering ScholarShare's Largest Promotion Ever
(firmenpresse) - SACRAMENTO, CA -- (Marketwired) -- 09/04/13 -- September is National College Savings Month and , California's 529 is celebrating with its largest Facebook promotion to date. During the entire month of September, fans of ScholarShare's Facebook page are invited to enter the Share Your Spirit sweepstakes for the chance to win a $5,000 ScholarShare savings account or one of several other prizes.
California parents are also encouraged to upload an image of their young child showcasing school spirit of their dream college. Whether by face painting or donning their favorite school's football jersey, these photographs should illustrate the aspirations of each child. All uploaded images will receive a special ScholarShare piggy bank to teach these little ones about the importance of saving early for school with a college savings plan.
At the end of each week in September, ScholarShare will select one entrant to receive a $1,000 ScholarShare 529 college savings account. This leads up to the grand prize at the end of the month when one lucky entrant will receive a $5,000 to start a ScholarShare college savings account or add to an existing one. All parents or relatives of loved ones with a student in the eighth grade or lower can enter at for their chance to win. More details about the sweepstakes, including official rules, prize details and eligibility, are available on ScholarShare's Facebook page. No purchase necessary. Void where prohibited. Sponsored by ScholarShare. The entry deadline for the sweepstakes is 11:59 p.m. PT on Friday, September 27.
It takes only $25 to open a new account. ScholarShare offers 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 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 college 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.
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Datum: 04.09.2013 - 09:00 Uhr
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