The state of Georgia’s college savings plan, the Path2College 529 Plan, is celebrating the season of giving with a $1,529 donation to Northside Hospital Foundation’s Miracle Babies Fund. The fund provides resources and financial assistance to families with critically ill newborns in the hospital’s Neonatal Intensive Care Units.
"Last year, we were able to serve 158 families through the Miracle Babies Fund. In the midst of this pandemic, we are thankful for this donation and the opportunity to continue to support our NICU families.”
- Delane Cope, manager, Northside Hospital Foundation
Path2College has partnered with Northside Hospital since 2011 on an annual “Tax Day Baby” celebration, where the first baby born on tax day receives a college savings contribution.
“This donation is a way for us to recognize our valued partners and also help Georgia children,” said Lynne Riley, president of the Georgia Student Finance Commission, which partners with the Office of the State Treasurer to administer the Path2College 529 Plan for the state of Georgia.
Riley said she hopes to inspire families across the state to consider a lasting investment as they celebrate this season of giving.
“Friends and family can help children in their lives by giving to a child’s college savings account. A tangible gift will bring immediate joy to a child this holiday season, AND giving the gift of education will have a tremendously positive impact on their future,” said Riley.
Anyone can make a contribution to a Path2College account for as little as $25. To give, simply click on the “Gift” section at Path2College529.com and download the certificate to show that a contribution has been made.
For those wishing to encourage their friends and family to give, the Path2College 529 Plan provides the tools to create a custom invitation for giving. The e-mail contains a link that, when clicked on, goes to a secure web page to make an electronic contribution from a checking or savings account.
For more information about the Path2College 529 Plan or to open a college savings account, please visit Path2College529.com or call (877) 424-4377.
To learn more about the Path2College 529 Plan, its investment objectives, tax benefits, risks, and costs please see the Plan Description at path2college529.com. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss. Check with your home state to learn if it offers tax or other benefits such as financial aid, scholarship funds or protection from creditors only available for investing in its own 529 plan. Consult your legal or tax professional for tax advice. If the funds aren't used for qualified higher education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply.
TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributor and underwriter for the Path2College 529 Plan.