(KTIV) – For 20-years, Iowans have had the chance to invest in a post-high school education plan for children and grandchildren, thanks to Iowa’s “529 College Savings Plan”.
And, there’s an added bonus if you sign up soon.
People can go to www.iowa529contest.com to register to win one of four $5,000 College Savings Iowa accounts or one of five $529 accounts.
Currently, 250,000 College Savings Iowa accounts are open, with $5 billion invested. The average account is $19,865, and accounts can be started for as little as $25.
The accounts are professionally managed with Vanguard, and can be used for qualified education expenses at any qualified institution in the U.S. and abroad