For Immediate Release:
May 6, 2022
Ashley Motley, Director of Strategic Communications
Treasurer Lynn Rogers Will Promote 529 Day All Through May
TOPEKA – This year marks the 26th anniversary of section 529 in the federal tax code, which makes it possible to open a 529 education savings plan. The State of Kansas Treasurer’s Office has planned visits to museums across the state in celebration of this anniversary -- culminating with a final event on May 29th to officially recognize 529 Day.
During each visit, the Treasurer and his staff will hand out informational materials about Learning Quest 529 accounts, and participants attending the event will be entered to win a random drawing for $1,000 to establish a Learning Quest 529 account or add the cash to an existing Learning Quest 529 account.
“I encourage Kansans to come visit with me as we are out and about across the state. We want to do our best to make sure that folks know about this opportunity to save for the next step in their education journey. We know that supporting education savings means supporting the future workforce of Kansas” said Treasurer Lynn Rogers.
With the rising costs of education, Learning Quest 529 saving plans offer Kansas families an opportunity to save for school and enjoy tax benefits, all while reducing the burden of student loan debt. Any U.S. Citizen or resident may open an account or be a beneficiary. There are no age or income requirements, and anyone can contribute any amount to the accounts up to $435,000. Funds can be used to cover costs of public, private, community, technical, and vocational schools as well as registered apprenticeship programs, and student debt.
The Treasurer has confirmed visits to the following locations:
Flints Hills Discovery Center, Manhattan, KS
May 7, 2022 from 11 a.m. to 1 p.m.
Exploration Place, Wichita, KS
May 28, 2022 from 11 a.m. to 1 p.m.
Sternberg Museum, Hays, KS
May 29, 2022 from 1 to 3 p.m.
For any additional locations that
may be added, the public is encourage to check the events
section of the Kansas State Treasurer’s Facebook page.