PRESS RELEASE
Treasurer Fitzpatrick Announces MO Money for Your Account for MOST 529 Education Plan Participants
Jefferson City, MO –Missouri State Treasurer Scott Fitzpatrick today
announced MO Money for Your Account for MOST 529 Education Plan participants. Throughout
the month of May, Missourians who open a MOST 529 account and schedule
recurring contributions will receive a $25 contribution to their new account.
Those who already save using a MOST 529 account will be entered in a grand
prize drawing of up to $5,290 when they increase or establish a recurring
contribution. “As Treasurer, one of my most important jobs is helping
Missourians prepare for their financial future,” Treasurer Fitzpatrick said. “MOST
529 is a valuable program for Missourians preparing for education expenses from
K-12 to higher education. Missouri’s tax benefits mean plan participants can
save money on their taxes now while saving for the future. I hope Missourians
will consider MOST 529 and get MO Money for their accounts this May.” MOST, Missouri’s 529 Education Plan,
is a tax-advantaged savings plan for education expenses. Money in MOST accounts
can be used to pay for K-12 tuition, and trade, college, and graduate school
tuition and expenses. Contributions are eligible for state tax deductions,
which can save families up to $864 a year, and assets in MOST 529 accounts grow
tax free. Treasurer Fitzpatrick is
committed to making MOST as cost effective and accessible as possible. Earlier
this year, the Treasurer
announced the launch of READYSAVE™ 529, an education savings mobile application
for MOST 529 account owners. In 2020, Treasurer Fitzpatrick announced changes
to the MOST 529 Plan that save Missourians millions of dollars in program
management fees. For full sweepstakes rules and to
learn more about how to enter, visit MissouriMost.org/MoMoney. ### Follow the Treasurer’s Office on Twitter,
Facebook, and Instagram @motreasurer.