Alaska 529 is KUAC’s Featured Sponsor for May
Alaska 529 is celebrating its 20th year of offering Alaskans a high quality college savings plan. Now known as Alaska 529, it started as the UA College Savings Plan in April 2001. Alaska was on the forefront of the 529 business. The UA leadership worked to lobby for the passage of IRS tax code, section 529 so to help Alaska families save for future education.
Alaska 529 is an education savings plan designed to make it easy for individuals to save for the anticipated education expenses of their child or loved one. Accounts grow free of federal taxes and remain tax-free so long as the assets are used for qualified education expenses.
Today, Alaska 529 is helping 32,000 account holders save for future education expenses. Investing through the PFD is one of many convenient ways to build your account and more than 13,000 Alaskan’s choose to do so each year.
Alaska 529 is offered by the Education Trust of Alaska and managed by a team of six people who oversee every aspect of the plan and enjoy helping people achieve their dreams. Families may use their accounts to cover a variety of education expenses. Learn more at Alaska529plan.com.