Scholarshare is Celebrating National College Savings Month

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ScholarShare, California’s 529 college savings plan, is celebrating National College Savings Month this September with a College Savings Pledge. Starting Tuesday, Sept. 1 through Friday, Sept. 25, Californians who take the pledge will be entered for the chance to win one of 20 ScholarShare 529 accounts, each in the amount of $500, for their child as well as a matching $500 prize for their child’s classroom. The pledge is aimed at encouraging young children to aspire to go to college. For more details about this special promotion, including the Official Rules, visitwww.CollegeSavingsPledge.com.

Recently ranked second among all direct-sold 529 plans for three-year performance by www.SavingForCollege.com, ScholarShare is California’s state-sponsored 529 college savings plan, offering low fees, tax advantages, a variety of investment choices, no annual account maintenance fees, and flexible savings options to meet your unique savings needs. With a low initial contribution amount of $25, ScholarShare makes it easy for anyone to get started.

Please join ScholarShare in spreading the word about taking a pledge to encourage higher education and college savings during the month of September for National College Savings Month.  To learn more about ScholarShare, contact us toll-free at 1-800-544-5248 or visit www.ScholarShare.com.

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Graduation Time is Here, Time to Save

 

Graduation is the Perfect Time to Think About the Future

Graduation season is here. Whether you have a child finishing kindergarten or high school, graduation is the perfect time to reflect and think about the future. Planning for college can be daunting at times, and that’s why graduation is a natural time to consider your options about saving for college, which may be just around the corner. ScholarShare, California’s 529 College Savings Plan, offers families a tax-advantaged way to save early and help them ease the burden of rising tuition as well as provide some additional encouragement for that college-bound child in your life. Also, a great graduation gift could be one your graduate can’t unwrap, a contribution to a ScholarShare 529 account. Family members and friends can easily make a gift contribution to that special graduate’s college savings account.

ScholarShare is proud to be partners with GEAR UP, so we can work together to increase the number of students who are prepared to enter and succeed in college.

According to a 2013 survey by Hart Research Associates, 92% of parents considered getting a college degree worth it, but only 46% of parents have set up a dedicated savings or investment account for their child’s higher education costs. ScholarShare, recently awarded a Bronze metal rating by Morningstar, a prominent ratings agency, is administered by the state of California and managed by TIAA-CREF Tuition Financing, Inc. Named for the section of the internal revenue code under which they were created, 529 plans offer families a tax-advantaged way to save for college.scholar

Some of the benefits of the ScholarShare plan include:

  • Accounts can be opened with as little as $25;
  • A wide variety of low-cost investment options are offered;
  • There are no annual account maintenance fees;
  • Potential earnings are tax-free if used for qualified higher education expenses such as tuition and fees, books and supplies, and certain room and board costs;
  • Funds may be used at eligible educational institutions nationwide, and some abroad;
  • Anyone can contribute to the account, making it a great gift idea for family and friends for special occasions.

To learn more or to open an account, visit www.scholarshare.com or call 1-800-544-5248. Like ScholarShare on Facebook at www.facebook.com/scholarshare529 and follow us on Twitter at @ScholarShare529.

Preparing for college academically and financially can help keep students on the path toward success.

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Consider the investment objectives, risks, charges and expenses before investing in the ScholarShare 529 College Savings Plan. Please visit www.scholarshare.com for a Program Disclosure Booklet containing this and other information. Read it carefully.

Before investing in a 529 plan, you should consider whether the state you or your Beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits that are only available if you invest in that state’s 529 plan.

The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor. Non-qualified withdrawals may be subject to federal and state taxes and the additional federal 10% tax. Non-qualified withdrawals may also be subject to an additional 2.5% California tax on earnings. Investments in the Program are neither insured nor guaranteed and there is the risk of investment loss. The ScholarShare 529 College Savings Plan Twitter and Facebook pages are managed by the state of California. TIAA-CREF Tuition Financing, Inc., Plan Manager

 

Celebrate 529 College Savings Day May 29

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Celebrate 529 College Savings Day with ScholarShare’s Special One-Day Match Promotion

Our valued partner, ScholarShare, California’s 529 College Savings Plan, knows saving for college can be overwhelming. Often parents don’t know where to start; they might believe there’s nothing they can do to prepare enough. At ScholarShare, they believe in education, and in California families. That’s why on National 529 College Savings Day on May 29, 2015, they are offering to anyone who opens a new ScholarShare account with at least $50 (and sets up automatic contributions of at least $25 per month), a match of $50. You start it, they match it.  For details on this special one-day promotion including the complete Terms and Conditions, visit www.scholarshare.com/529day. By saving early and often, your little one (soon to be big) could have a nice little nest egg. It’s true, paying for all of college with your 529 may not be possible but you can make it happen to cover books, room and board, or other qualified higher education expenses. A 529 can be part of your larger “paying for college” family strategy. Every little bit helps.

According to a 2013 survey by Hart Research Associates, 92% of parents considered getting a college degree worth it, but only 46% of parents have set up a dedicated savings or investment account for their child’s higher education costs. ScholarShare, recently awarded a Bronze metal rating by Morningstar, a prominent ratings agency, is administered by the state of California and managed by TIAA-CREF Tuition Financing, Inc. Named for the section of the internal revenue code under which they were created, 529 plans offer families a tax-advantaged way to save for college.

Some of the benefits of the ScholarShare plan include:

  • Accounts can be opened with as little as $25.
  • A wide variety of low-cost investment options are offered.
  • There are no annual account maintenance fees.
  • Potential earnings are tax-free if used for qualified higher education expenses such as tuition and fees, books and supplies, and certain room and board costs.
  • Funds may be used at eligible educational institutions nationwide, and some abroad.
  • Anyone can contribute to the account, making it a great gift idea for family and friends.

 To learn more or to open an account, visit www.scholarshare.com or call 1-800-544-5248. Like ScholarShare on Facebook at www.facebook.com/scholarshare529 and follow us on Twitter at @ScholarShare529.

ScholarShare is proud to partner with California GEAR-UP, so we can work together to increase the number of students who are prepared to enter and succeed in college. Preparing for college academically and financially can help keep students on the path toward success.

 Consider the investment objectives, risks, charges and expenses before investing in the ScholarShare 529 College Savings Plan. Please visit www.scholarshare.com for a Program Disclosure Booklet containing this and other information. Read it carefully.

Before investing in a 529 plan, you should consider whether the state you or your Beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits that are only available if you invest in that state’s 529 plan.

The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor. Non-qualified withdrawals may be subject to federal and state taxes and the additional federal 10% tax. Non-qualified withdrawals may also be subject to an additional 2.5% California tax on earnings.

Investments in the Program are neither insured nor guaranteed and there is the risk of investment loss.

The ScholarShare 529 College Savings Plan Twitter and Facebook pages are managed by the state of California. TIAA-CREF Tuition Financing, Inc., Plan Manager

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Transform Your Tax Refund Into Bright College Future

Now that tax season is upon us, use this time to review your college savings goals and take another look at your savings strategy. Saving now can make for a brighter future later. So, as you gather up your W2 and other tax-related materials, consider opening or making a contribution to a ScholarShare account. ScholarShare, California’s 529 College Savings Plan, can provide parents and relatives – anyone saving for a child’s college education – with valuable tax advantages.

Consider putting your tax refund to work in three simple ways:

  • Have the Franchise Tax Board deposit some or all of your state tax refund into your ScholarShare account;
  • Make a contribution electronically from your bank account; or
  • Mail a contribution check directly to the Plan

For additional information about how to do more with your tax refund this year, visit

https://www.scholarshare.com/news/using-tax-refunds.shtml

ScholarShare is proud to partner with California GEAR-UP, so we can work together to increase the number of students who are prepared to enter and succeed in college.

According to a 2013 survey by Hart Research Associates, 92% of parents considered getting a college degree worth it, but only 46% of parents have set up a dedicated savings or investment account for their child’s higher education costs. ScholarShare, recently awarded a Bronze metal rating by Morningstar, a prominent ratings agency, is administered by the state of California and managed by TIAA-CREF Tuition Financing, Inc. Named for the section of the internal revenue code under which they were created, 529 plans offer families a tax-advantaged way to save for college.

Some of the benefits of the ScholarShare Plan include:

  • Accounts can be opened with as little as $25;
  • A wide variety of low-cost investment options are offered;
  • There are no annual account maintenance fees;
  • Earnings, if any, are tax-free if used for qualified higher education expenses such as tuition and fees, books and supplies, and certain room and board costs;
  • Funds may be used at eligible educational institutions nationwide, and some abroad;
  • Anyone can contribute to the account, making it a great gift idea for family and friends for special occasions.

To learn more or to open an account, visit www.scholarshare.com or call 1-800-544-5248. Like ScholarShare on Facebook at www.facebook.com/scholarshare529 and follow us on Twitter at @ScholarShare529.

Preparing for college academically and financially can help keep students on the path toward success.

Consider the investment objectives, risks, charges and expenses before investing in the ScholarShare 529 College Savings Plan. Please visit www.scholarshare.com for a Program Disclosure Booklet containing this and other information. Read it carefully.

 Before investing in a 529 plan, you should consider whether the state you or your Beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits that are only available if you invest in that state’s 529 plan.

 The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor. Non-qualified withdrawals may be subject to federal and state taxes and the additional federal 10% tax. Non-qualified withdrawals may also be subject to an additional 2.5% California tax on earnings.

 Investments in the Program are neither insured nor guaranteed and there is the risk of investment loss.

 The ScholarShare 529 College Savings Plan Twitter and Facebook pages are managed by the state of California. TIAA-CREF Tuition Financing, Inc., Plan Manager

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Holiday Planning: ScholarShare 529 College Savings Plan

 

The ScholarShare College Savings Plan is California’s official 529 plan and a key partner of California GEAR UP. It offers a tax-advantaged way for families to save for the cost of a college education. ScholarShare seeks to serve as a resource for all Californians looking to save for college.

The holiday season is nearly upon us, and with it, the quest for a perfect gift. Your holiday shopping list may be full of the latest toys and gadgets. But remember, you can’t beat a gift that could mean a brighter future for your child. So make a gift contribution or open a new ScholarShare 529 College Savings account for that special child in your life. Grandparents, aunts, uncles, even friends of the family can also open an account or contribute to that special holiday gift that keeps on giving.

ScholarShare is proud to partner with GEAR-UP to increase the number of students who are prepared to enter and succeed in college.

According to a 2012 survey by Hart Research Associates, 84 percent of parents consider it “very important” that their children attend college, but not many have started saving. ScholarShare, named one of the nine best 529 plans in the nation by Morningstar, a prominent ratings agency, is administered by the State of California and managed by TIAA-CREF Tuition Financing, Inc. Named for the section of the Internal Revenue Code under which they were created, 529 plans offer families a tax-advantaged way to save for college.

Some of the benefits of the ScholarShare plan include:

  • Accounts can be opened with as little as $25.
  • A wide variety of low-cost investment options are offered.
  • There are no annual account maintenance fees.
  • Potential earnings are tax-free if used for qualified higher education expenses such as tuition and fees, books and supplies, and certain room and board costs.
  • Funds may be used at eligible educational institutions nationwide, and some abroad.
  • Anyone can contribute to the account, making it a great gift idea for family and friends.

To learn more or to open an account, visit www.scholarshare.com or call 1-800-544-5248. Like ScholarShare on Facebook at www.facebook.com/scholarshare529 and follow us on Twitter at @ScholarShare529.

Preparing for college academically and financially can help keep students on the path toward success.

Consider the investment objectives, risks, charges and expenses before investing in the ScholarShare 529 College Savings Plan. Please visit www.scholarshare.com for a Program Disclosure Booklet containing this and other information. Read it carefully.

Before investing in a 529 plan, you should consider whether the state you or your Beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits that are only available if you invest in that state’s 529 plan.

The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor. Non-qualified withdrawals may be subject to federal and state taxes and the additional federal 10% tax. Non-qualified withdrawals may also be subject to an additional 2.5% California tax on earnings.

Investments in the Program are neither insured nor guaranteed and there is the risk of investment loss.

 The ScholarShare 529 College Savings Plan Twitter and Facebook pages are managed by the State of California.

 TIAA-CREF Tuition Financing, Inc., Plan Manager