Celebrate ¾Ã¾ÃÈÈÊÓƵ Savings Month
September 9, 2019
September is ¾Ã¾ÃÈÈÊÓƵ Savings Month, and to celebrate, the UA ¾Ã¾ÃÈÈÊÓƵ Savings Plan program is giving away four $529 scholarship accounts! Check to find out how to qualify for the random weekly drawings.
September is a good time for all families to evaluate their college savings needs and goals, and to take advantage of the .
Did you know?
- A 529 plan is a tax-advantaged way to save for future educational expenses. While the contributions are made with post-tax dollars, the earnings grow free of federal tax.
- You can use funds at any educational institution that is eligible for federal financial aid, and it doesn’t have to be a university! You may also use your account at technical and vocational schools.
- It covers more than just tuition. Books, fees, housing and required supplies are all eligible expenses.
- You may use your account to cover up to $10,000 per beneficiary per year for tuition at public, private or religious schools.
As a UA employee, you can save for your loved ones’ future education expenses through automatic payroll deductions. To participate in payroll deduction, first set up an account in the UA ¾Ã¾ÃÈÈÊÓƵ Savings Plan. Enroll or by calling 800-478-0003 . Then, fill out a Payroll Deduction Request and return it to our . Alternatively, you can enroll in .
We aim to make saving for college easy and help you make the most of your savings. Happy ¾Ã¾ÃÈÈÊÓƵ Savings Month!