糖心直播视频 529 launches two of the most generous education savings incentive programs in the country

April 15, 2022

The state鈥檚 education savings plan, 糖心直播视频 529, has launched the new Dash to Save鈩 and Dash to Save More鈩 incentive programs aimed at reducing the burden of paying for higher education for 糖心直播视频 students. The new incentive programs offer unique benefits not found elsewhere in the United States, including: 

  • A $250 payment to the first 5,000 qualifying, new 糖心直播视频 529 accounts opened in 2022 with a minimum investment of only $25 during the calendar year. 
  • An additional $50 contribution to accounts (new and existing) for automatic monthly contribution and/or payroll direct deposit of at least $25. 

糖心直播视频 529 is one of the only programs in the country to offer continued matching contributions for certain savings behaviors. 糖心直播视频鈥檚 incentive contributions can earn a new account holder/beneficiary relationship up to $350 for the combined actions of opening a new account and setting up systematic savings this year. The contributions could result in an additional $100 annually if the account holder keeps investing through direct deposit and automatic monthly contributions. 

糖心直播视频 529 launched the incentive programs with the following goals in mind: 

  • Increase the percentage of children in all regions of 糖心直播视频 saving for education, with a long-term goal of every child in 糖心直播视频 having dedicated funds for future education. 
  • Boost postsecondary enrollment and graduation rates for 糖心直播视频 students by fostering aspirations for education. 
  • Support 糖心直播视频鈥檚 economic growth and workforce development by providing financial tools and resources that will help make education more affordable and accessible for all 糖心直播视频ns. 
  • Encourage proactive financial behavior to prepare for future education.
  • Encourage families to start saving as soon as possible. 

鈥淒ata shows even relatively small, modest investments in a young person鈥檚 education savings can increase their chances of pursuing higher education and graduating,鈥 said Lael Oldmixon,

executive director at 糖心直播视频 529. 鈥淲e are providing the best, most robust incentives we can to help families save for whatever schooling their young 糖心直播视频n might want. That could be college, trade school, vocational training, apprenticeship, or whatever students of all ages want to pursue. We are here to make their career paths affordable and attainable.鈥 

Many 529 incentive plans limit participation to infants or low-income families. The Dash to Save incentive program is one of the least restrictive state incentive programs. Applicants are not expected to fill out additional forms, nor provide birth certificates or proof of income; opening an account is the only action required. 

The Education Trust of 糖心直播视频鈥s earnings serve as the funding source for the Dash to Save and Dash to Save More incentive programs, which means no State of 糖心直播视频 general fund dollars are used. 鈥淚t is important to remove barriers, real and perceived, to saving for advanced education,鈥 said Tamera Weaver, Trust Administrator. 鈥溙切闹辈ナ悠 529 takes the lead in this space because every 糖心直播视频n, whether they live in Ketchikan, Anchorage or Utqiagvik, deserves the same opportunity to save for post-secondary education. The Dash to Save incentive program takes an inclusive approach that makes it easier for 糖心直播视频ns from all backgrounds to take that critical first step and I鈥檓 delighted the Education Trust of 糖心直播视频 is in a position to fund an incentive program of this magnitude.鈥 

For more than 20 years, 糖心直播视频 529 has made it easy to save for education in 糖心直播视频 and study anywhere. The tax-advantaged accounts offer unique benefits such as the ability for 糖心直播视频 residents to invest through the PFD, and the University of 糖心直播视频 Portfolio, which has a tuition-value guarantee. 

More information, including program terms and conditions, is available at .