News

Treasurer Announces 2nd Annual Statewide Giveaway – Babies Born in the Month of May 2016

MONTGOMERY, Ala. (April 19, 2016) – CollegeCounts, Alabama’s 529 Fund, will celebrate 5/29 Day (May 29) with a second annual statewide giveaway that focuses on babies born in the month of May. Thirty-one winners will be selected at random to receive a $529 contribution to an existing or newly opened CollegeCounts account.

“This promotion was put […]

2016-08-19T17:53:27-05:00April 19th, 2016|

New in 2015: Computers now an eligible expense

Exciting 529 Changes

The President signed HR 2029 on December 18th which included the following positive 529 changes:

  1. Computation of Earnings – multiple accounts with the same account owner and beneficiary are no longer required to be aggregated for tax reporting purposes. This change impacts account owners (i) with multiple accounts in CollegeCounts or in CollegeCounts […]
2016-08-19T17:54:15-05:00December 29th, 2015|

Supporting a Smart Way to Save for Higher Education

American families continue to believe that college is an investment in a child’s future.  With more than 12 million accounts open nationwide, 529 college savings plans have proven to be a successful way for families to make that investment. These plans are manageable, affordable, and tax-advantaged and can be used towards qualified expenses at colleges, […]

2016-08-19T17:55:08-05:00October 22nd, 2015|

Investing in a Legacy: Save Early and Often for Grandchildren’s College

By Young Boozer, Treasurer, The State of Alabama

Comedy writer Gene Perret once said, “What a bargain grandchildren are! I give them my loose change, and they give me a million dollars’ worth of pleasure.” It’s true that as a grandparent, you can literally hand over pocket change or one-dollar bills during visits – and your […]

2016-11-08T10:44:08-06:00September 2nd, 2015|

September is College Savings Month – Are You Investing? – September 1, 2015

In honor of observance, Alabama State Treasurer urges families to plan for the future

Today marks the start of College Savings Plans Network’s third annual “College Savings Month,” an observance in which 529 programs across the nation, including Alabama’s CollegeCounts 529 Fund, educate families on 529 savings plans and the importance of opening and contributing to […]

2016-08-19T17:57:17-05:00September 1st, 2015|

Saving for Your Baby’s College: Building Habit Early is Key

By Young Boozer, Treasurer, State of Alabama

From my own experience – and those of countless others – it goes without saying that having a child is something for which you can never truly prepare. No matter how many books you read, how many other parents you consult or how much you think you’re ready for […]

2016-11-08T10:44:08-06:00August 30th, 2015|

Thirty-One Newborns Across Alabama Receive a Collective $16,399 in CollegeCounts Savings Starter Funds from Treasurer’s Office

— Families of babies born in May 2015 recently notified that they will each receive $529 in account contributions —

Montgomery, Ala. (Aug. 18, 2015) – Alabama State Treasurer Young Boozer today announced statewide winners of the CollegeCounts Alabama’s 529 Plan promotion, held in honor of 5/29 Day (May 29). A total of $16,399 in starter […]

2015-12-10T17:44:35-06:00August 18th, 2015|

After Winning $529 in Alabama CollegeCounts 529 Funds, Opening an Account, Russellville Resident Espouses Plan Benefits

Russellville, Ala. (June 23, 2015) – Jamie Duboise of Russellville thought she would try her luck in 2013, entering her oldest son, Trace, age 8, into a giveaway on behalf of CollegeCounts Alabama’s 529 plan. As luck would have it, he was named a winner. Soon after, she opened an account for him – depositing […]

2015-12-10T17:46:12-06:00June 23rd, 2015|

Trussville Area CollegeCounts 529 Account Holder Weighs in on Alabama’s College Savings Plan

Trussville, Ala. (March 25, 2015) – When Mitch Amick of Trussville opened a CollegeCounts Alabama’s 529 account, he did so in honor of his two young grandchildren, both of whom won’t know for some time the impact of their grandfather’s ongoing investment.

“The grandkids are 18 months and 4 years old, so they won’t appreciate what […]

2015-10-22T15:59:51-05:00March 25th, 2015|
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