This year, help a child save for college

Dec 13, 2013

Looking for a meaningful and long-lasting gift this holiday season? This year, consider giving the gift of future college education by contributing to a child’s GET account.

GET is Washington’s 529 prepaid tuition plan, where your college savings are guaranteed by state law to keep pace with rising tuition and are not subject to the ups and downs of the stock market.

GET offers flexible savings options, tax-free growth and withdrawals and can be used to attend colleges, universities and technical schools anywhere in the country (and even in other countries).

College may seem like a long way off for families with young children, but it’s never too early to take that first step in saving.

Plus, the help of family and friends can go a long way in making college a reality for a child.

In fact, studies show that children who know they have a college savings account in their name are seven times more likely to attend college.

It’s easy to contribute to a child’s existing GET account online or by mail.

You can also download one of many customizable certificates to announce the gift from the GET website.

If you want to open a new account for a child, you can enroll online or mail an enrollment form. More information is available at www.get.wa.gov/gift.shtml or by calling 800-955-2318.

-Edited by Beacon Staff

 

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