Jackson, MS. Governor Phil Bryant has signed a proclamation
declaring September 2019 College Savings Month in Mississippi. States across the country use September to
promote the importance of saving for a college education.
“With tuition continuing to climb year after year,” said Treasurer Lynn Fitch, “dreams of
higher education too often feel out of reach.
But, with Mississippi’s two 529 college savings plans, those dreams are
Treasurer Fitch’s office administers both of Mississippi’s
529 college savings plans: MPACT, the
Mississippi Prepaid Affordable College Tuition program, which helps you guard
against the rising cost of tuition by essentially freezing it in time, and
MACS, the Mississippi Affordable College Savings program, which helps you
stretch your savings dollars to pay not just for tuition and mandatory fees,
but some room and board expenses, books, and even laptops.
Since, January 1, 2018, MACS can also be used to help pay
tuition at private and religious K12 schools, helping families save from the
very beginning of their children’s educational careers. Both MACS and MPACT come with State and
federal tax advantages that help stretch your savings dollars.
$5.29 College Savings
Saturday, September 7, 2019
Mississippi Children’s Museum, Jackson
10 am to 2 pm Special financial literacy activities
11 am and 1 pm Drawings for $529 MACS scholarships
ALL DAY $5.29 admission to the Museum
MPACT enrollment season has just opened for a new year on
September 1st, though newborns can apply throughout the year. You can open a MACS account at any time
throughout the year, as well. Learn more
about both MACS and MPACT, open an account, and start saving for your child’s
future at www.TreasurerLynnFitch.com.
A copy of the Governor’s proclamation is attached.