Treasurer Dawn Marie Sass will visit Outagamie County as part of a statewide campaign to talk to parents, business leaders and children about the importance of saving for college. The Treasurer will be visiting locations across the state over the following months and has developed a newspaper and radio campaign to alert parents and community members about college savings. Treasurer Sass and Representative Thomas Nelson will speak to freshman students at Little Chute High School from 10:30 am - 11:00 am on Friday, September 19th.
Treasurer Sass will urge students to become involved in saving for college as early as possible. "The cost of college is often daunting for students, but I want to reassure them that college is affordable if you start saving, "Treasurer Sass said. "It is simply less expensive to save for college than to borrow. Even if college is a year or two away, there are always benefits to saving over borrowing, particularly with a 529 program like EdVest." EdVest, Wisconsin?s official college savings program, is administered by the Treasurer?s office, and any contributions made to EdVest accounts grow tax free.
Representative Nelson will stress the importance of higher education and the future benefits of a college degree. "I?m no stranger to Little Chute High School - I graduated from LCHS in 1994," Nelson said. "This high school provided a foundation for my higher education that has helped me as a Legislator in the State Assembly."
September is National College Savings Month, and it is an excellent opportunity for Wisconsin families to start saving for higher education by opening an EdVest account and benefiting from the program?s many opportunities to save. Wisconsin is the only state-sponsored, tax-advantaged 529 college savings program that allows Wisconsin taxpayers to take a state income tax deduction on contributions.
EdVest recently celebrated its 10th anniversary serving the people of Wisconsin. The "529" plan provides a flexible, yet structured way to save for future higher education expenses as well as providing important state and federal tax benefits. EdVest information is available at the program?s website, www.EdVest529.com. Wisconsin?s College Savings Program, which includes EdVest and tomorrow?s scholar®, is now the nation?s thirteenth largest college savings plan with over 235,000 participants and over $2.1 billion in assets under management as of March 31, 2008.
When: Friday, September 19, 2008; 10:30a.m.
Where Little Chute High School, 1402 Freedom Road, Little Chute, WI 54140