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Treasurer Fitzpatrick Announces Back-to-School Tour to Promote MOST 529

Thursday, August 08, 2019

                Jefferson City, MO – Missouri State Treasurer Scott Fitzpatrick today announced a 2019 Back-to-School Tour geared toward helping Missouri families get the most out of their MOST 529 accounts. Presentations about the program and how the tax benefits can help parents save money annually will take place in Kansas City, St. Louis, Springfield, and Cape Girardeau.

 

                “As Missouri children head back to school, I know parents are thinking about their budgets—whether it is buying notebooks and markers, new backpacks and sneakers, or the payment of the tuition bill,” Treasurer Fitzpatrick said. “I want families to know that no amount is too small and that any money put aside for future education is better than no money. At the same time, I want parents who pay for private schools to know that even if they feel they can’t save for the future, a 529 account can help them save and invest money today. MOST 529 accounts can be a valuable tool for Missouri families.”

 

                529 plans allow Missourians to save tax-free for higher education (college, trade, and graduate school) expenses like tuition, books, and some living expenses. Additionally, parents can use money in a 529 plan to pay for K-12 tuition. In Missouri, contributions of up to $8,000 (or $16,000 if married and filing jointly) per year can be deducted from state income taxes.             

 

                The Treasurer’s Office is also sponsoring a sweepstakes that will award five $529 scholarships in the form of MOST 529 accounts. Beginning August 10, Missourians can enter at missourimost.org/sweepstakes. It will run through September 15.

 

                These presentations are open to the public, and anyone is welcome to attend.

 

                Tour stop details below:

 

·         KANSAS CITY: Tuesday, August 13 at 6 p.m.

o   Rockhurst High School

    9301 State Line Road

    Kansas City, MO 64114

 

·         ST. LOUIS: Thursday, August 22 at 6 p.m.

o   Christian Brothers College High School

    1850 De La Salle Drive

     St. Louis, MO 63141

 

·         SPRINGFIELD: Tuesday, August 27 at 6 p.m.

o   Greenwood Lab School

    901 S. National Avenue

    Springfield, MO 65897

 

·         CAPE GIRARDEAU: Wednesday, August 28 at 6:30 p.m.

o   Notre Dame High School

    265 Notre Dame Drive

    Cape Girardeau, MO 63701

 

Follow the Treasurer’s Office on Twitter, Facebook, and Instagram @motreasurer.

 

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