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Treasurer Fitch and College Savings Mississippi Award Two Newborns $529 MACS Scholarships
Jackson, MS. State Treasurer Lynn Fitch and College Savings Mississippi welcomed two lucky newborns into the world, on Sunday, May 29, 2016, with $529 Mississippi Affordable College Savings (MACS) Plan scholarships. The infants were winners of the 529 Day Baby Promotion, a contest sponsored by College Savings Mississippi to celebrate National 529 College Savings Day.
“I am grateful for the support we have received from hospitals and their staff across the state for helping us give two Mississippi newborns the gift of college savings,” said Treasurer Fitch. “It is never too early to start saving for college, and a MACS account is a gift that lasts a lifetime.”
According to the rules of the promotion, two babies born at or after, and closest, to 5:29AM and 5:29PM on May 29th were awarded $529 MACS scholarships. In addition, babies born on this day, at participating hospitals, received a personalized College Savings Mississippi “I’m a 529 baby” onesie.
The newborn born closest to 5:29AM was a girl from Moselle, Mississippi, delivered at Forrest General Hospital.
The newborn born closest to 5:29PM was a boy from Richton, Mississippi, delivered at Forrest General Hospital.
May 29 is National 529 College Savings Day. Mississippi offers two tax-advantaged 529 plans that help families save for future college expenses. To raise awareness of the importance of saving early for higher education, State Treasurer Lynn Fitch and College Savings Mississippi teamed up with 21 Mississippi hospitals to celebrate National 529 College Savings Day.
The participating Mississippi hospitals were: Baptist Medical Center, Baptist Memorial Hospital – DeSoto, Baptist Medical Center – North Mississippi, Baptist Memorial Hospital – Union County, Delta Regional Medical Center, Forrest General Hospital, Greenwood Leflore Hospital, Kings Daughter Medical Center, Merit Health Madison, Merit Health Central, Merit Health River Oaks, Merit Health River Region, Merit Health Woman’s Hospital, OCH Regional Medical Center, Rush Foundation Hospital, South Central Regional Medical Center, South Sunflower County Hospital, Southwest Mississippi Regional Medical Center, St. Dominic Hospital, The University of Mississippi Medical Center, and The University of Mississippi Medical Center – Grenada.
College Savings Mississippi is a division of the State Treasurer’s Office and operates the two state-sponsored 529 college savings plans, MACS and MPACT (Mississippi Prepaid Affordable College Tuition). For more information about these plans and for official contest rules and registration information, visit www.treasurerlynnfitch.com.
