State Treasurer promoting 529 plans as way to save for college

Des Moines, Iowa – The state treasurer is touting the use of 5-2-9 plans, like College Savings Iowa, as a way for relatives to help save for their loved ones’ future higher education expenses. Michael Fitzgerald says the plan offers a great way for students’ families to help them prepare for college.

While “5-2-9 College Savings Day” will be celebrated on May 29th, Fitzgerald is using the whole month to promote the program, encouraging people to head to the College Savings Iowa website to learn more.

Fitzgerald says the program offers families a tax-advantaged way to save money for their children’s higher education, which he says he does for his grandchildren on a regular basis.

Speaking in Mason City, Fitzgerald says the program can help address the skilled worker shortage in the state as children can also choose to use the money to go to a trade school.

Learn more at Collegesavingsiowa.com or call 888-672-9116.

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