The race to college savings
Cars roaring at the Indianapolis Motor Speedway with thousands of Hoosiers celebrating is what most individuals associate with Indiana in May. Although there is nothing like watching the Indianapolis 500, there’s more to be celebrated in May: 5/29 College Savings Day.
What’s that you ask? It’s a day to celebrate planning and preparing for the most important investment you can make an education. You can do this by opening or contributing to a CollegeChoice 529 Savings Plan, which is a tax-advantaged way for any Hoosier to save for a loved one’s education expenses.
Studies have shown that the typical bachelor’s degree recipient can expect to earn about 61 percent more over a 40-year working life than the typical high school graduate earns over the same period. There’s no better gift for a loved one than helping them prepare for some level of higher educational attainment.
The CollegeChoice Plan works for any Hoosier because it’s eligible for more than your two- or four-year universities and colleges. Technical, vocational or trade schools qualify as well. So, whether you are saving for your toddler at home or for career retraining for yourself — it works. Even better, saving for the future gives you a tax benefit today. Any Hoosier who contributes to a CollegeChoice Plan is eligible to receive a 20 percent state income tax credit, up to $1,000, on their contribution. That’s an immediate twenty percent savings, faster than the quickest pit stop imaginable.
Our country’s future depends on an educated workforce. It’s projected that by 2018 there will be 930,000 job vacancies in Indiana. Those are jobs that Hoosiers want and need to fill but require post-secondary education or training.
That’s why it’s more important than ever that you start planning and preparing now. Don’t put the brakes on your future by not saving now. Help us spread the word by talking to your friends, family, and employers about the CollegeChoice 529 Plan. We all need to be involved in making 5/29 College Savings Day a turning point in our communities.
Helio, Dario, TK, and Simona may see life flash by at 220 mph, but you don’t need to. Finish the race a winner by saving today. For more information on the CollegeChoice 529 Savings Plan, visit www.collegechoiceplan.com.
— Richard Mourdock
Indiana state treasurer
The race to college savings
Readers’ Forum: July 31, 2014
• Stamp of approval
• Great job, WAXI
- Readers’ Forum: July 30, 2014
Readers’ Forum: July 29, 2014
• Anything goes with the liberals
• Deserter does not deserve discharge
• Outrage lacking on IRS scandal
Readers’ Forum: July 28, 2014
• Tea party folks misunderstood
• We have only us to blame
- Readers' Forum: July 27, 2014
Flashpoint: Why incumbents keep getting re-elected
Nearly three-quarters of Americans want to throw out most members of Congress, including their own representative, yet the vast majority of incumbents will be returning to Capitol Hill in January.
Flashpoint: Spreading the good word about marriage equality
If you blinked over the past month, you probably missed some news about marriage equality in Indiana.
- Readers’ Forum: July 25, 2014
Readers’ Forum: July 24, 2014
• Clinic will expand basic health access
• Misunderstanding truth about Islam
- Readers’ Forum: July 23, 2014
Readers’ forum: July 22, 2014
• Supt. Ritz has right to govern
• A tribute to a teacher
• Rep. Pelosi shows ‘bungling idiocy’
Readers’ forum: July 20, 2014
• ‘Hotel Indiana’ has a sour tune
• Kind words about the newspaper
• Some questions about RTL video
• No mercy for cop killers
• Crack down on gun violence
• Anti-Dem tirades mask GOP failures
• Important day for participants
• Appreciation for support
FLASHPOINT: Solve our border crisis
More than 60,000 unaccompanied alien children — mostly from Guatemala, Honduras and El Salvador — have been apprehended on America’s southern border during this fiscal year.
Flashpoint: Will Gov. Pence be true to his word?
This is written in response to recent remarks made by State Board of Education members.
- Readers’ Forum: July 18, 2014
READERS’ FORUM: July 17, 2014
• Civil rights and burning cities
• Quality service from Baesler’s
FLAHSPOINT: Supt. Glenda Ritz ‘creating conflict’
It has been my pleasure for the past year to serve as the newest member of the Indiana State Board of Education. I bring a fresh perspective to the board as an attorney and business executive who served as Director of Economic Development under former Indianapolis Mayor Bart Peterson and President of the Indy Partnership, a regional economic development organization charged with recruiting new companies to our state.
Readers’ Forum: July 16, 2014
• The truth about property taxes
Readers’ Forum: July 15, 2014
• Are Fed policies hurting America?
• Staying true to code of respect
Readers’ Forum: July 14, 2014
• Where did the 61 cents go?
Readers’ Forum: July 13, 2014
• Telling the truth about smoking
• Larger energy bills on the way, thanks to EPA
• Embrace the compassion, not self-righteousness
• Wondering about country’s leaders
• New amendments have hurt country
- Readers’ Forum: July 11, 2014
READERS' FORUM: July 10, 2014
• Herb Faire a great success
• Appreciation for a ‘lovely angel’
• Thanks for stirring fireworks show
Readers’ Forum: July 9, 2014
• Don’t eliminate our six-day mail
• Zamperini death stirs memories
Readers’ Forum: July 8, 2014
• T-S ignores common decency
• Lighten up on Donald Sterling
• Time to reject Dems in Congress
• Fueling the EPA
Readers’ Forum: July 7, 2014
• The moral issue is major issue
Readers’ Forum: July 6, 2014
• Coats ignoring climate science
• Do those mustache posters exist?
• Utility rate freeze took determination
• What perversion is next in line?
• Opinions vary, but voters will decide
• This preaching must stop — now
• Golf fundraiser a huge success
- Readers’ Forum: July 4, 2014
Readers’ Forum: July 3, 2014
• Over the top on immigration
- Readers’ Forum: July 2, 2014
- More Letters Headlines
- Readers’ Forum: July 31, 2014