For Immediate Release:
May 6, 2022
Contact:
Ashley
Motley, Director of Strategic Communications
785-569-7490
media@treasurer.ks.gov
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.
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