Slown Family Celebrates Birth of New Baby, Starting a College Savings as Doctors Hospital of Augusta’s First “529 Day Baby”
Thursday, June 3rd, 2021
This Memorial Day weekend, the Slown family had a lot to celebrate as they welcomed their baby girl, Alexis, at Doctor’s Hospital of Augusta. What the family wasn’t expecting was to also be recognized as the hospital’s “529 Day” baby.
“We are really grateful for this wonderful opportunity for our daughter’s future. It’s really nice to have a start on her education,” said mother, Breena Slown.
Alexis was awarded $1,529 for her Path2College 529 Plan account as the first baby born on May 29—a day celebrated across the country to help raise awareness how 529 plans can help families save for college.
“We appreciate Path2College for continuing to partner with us on this incredible opportunity to support a child’s future education,” said Doug Welch, CEO at Doctors Hospital. “To start saving for college this early gives the Slown family a jump start and can make college a reality in the future.”
This is the seventh year the Path2College 529 Plan has partnered with Doctors Hospital of Augusta to award a college savings account to a “529 Day Baby.”
“Throughout the year we promote the benefit of financial planning for future education goals. The 529 Day Baby celebration raises awareness of Georgia’s college savings plan, and will inspire families to utilize the resources we have to help them save,” said Georgia Student Finance Commission President Lynne Riley.
Families who welcome a new baby in 2021 also have the opportunity to win money for their newborn’s college savings. Parents, grandparents and guardians of Georgia babies born in 2021 may go to www.Path2College529.com until April 14, 2022, for official rules, prize details and to enter for a chance to win the 2021 Newborn Sweepstakes. Entrants must be legal residents or taxpayers of Georgia and at least 18 years of age to enter. No purchase necessary. Void where prohibited. Sponsored by the Path2College 529 Plan.
For more information about the Path2College 529 Plan or to open a college savings account, please visit www.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.
