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Georgias Path2College Plan ranks high
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ATLANTA — According to Savingforcollege.com, Georgia’s Path2College 529 Plan was ranked in the top 10 for one-year and five-year returns and in the top 20 for three-year returns.

Savingforcollege.com also rates the Path2College 529 Plan as a five-cap plan, which indicates it “offers outstanding flexibility, attractive investments and additional economic benefits (such as generous state tax incentives) that for some people, at least, will provide a substantial boost to their savings. There are few, if any, weaknesses noted in the program,” according to a news release from Savingforcollege.com.

Additionally, the Path2College 529 Plan is rated above average by Morningstar, which provides stock-market analysis; equity and mutual-fund research; ratings and picks; portfolio tools; and option, hedge-fund, IRA, 401k and 529 plan research.

Mitch Seabaugh, director of Georgia’s Path2College 529 Plan, said these rankings reinforce that they are achieving their goal of providing a solid investment to those who choose to open a Path2College 529 Plan.

“This recognition should provide Georgia families encouragement in the quality of our state’s college-savings plan,” Seabaugh said. “Path2College provides an opportunity to help more families be financially prepared by saving for the cost of continued education for their children and grandchildren.”

As of Aug. 21, the Path2College 529 Plan had more than $1.1 billion in assets under management and more than 132,000 accounts. The Path2College 529 Plan is managed by TIAA-CREF Tuition Financing Inc., which is part of the TIAA-CREF group of companies.

The Path2College 529 Plan helps families prepare for the future costs of college tuition and other qualified expenses, such as fees, books and certain room-and-board costs for colleges in Georgia and nationwide. Account assets can be used at virtually any college or university in the country. The plan requires no signup, maintenance or third-party sales fees — just an annual asset-based management fee, and an account can be opened online with as little as $25.

Any earnings in the Path2College 529 Plan are federal and Georgia income tax-deferred and withdrawals for qualified higher education are federal and Georgia income-tax free. In addition, Georgia offers a state income-tax deduction on contributions of up to $2,000 per year, per beneficiary. Transfers from another 529 plan are not eligible for the deduction, and recapture provisions apply. The plan offers seven investment options and participants can arrange for automatic contributions to their accounts to be drawn directly from a bank account or made through payroll deduction with participating employers.

To learn more about the Path2College 529 Plan or to open a Path2College 529 college savings account, go to www.path2college529.com or call 877-424-4377.

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BI hosts LCSS Gala
LibertyCountySchools

Bradwell Institute’s Friends Helping Friends will host the 3rdAnnual Liberty County School System Special Needs Gala Saturday at 7p.m.

The dance portion of the gala is free and open to the public.

FHF was started three years ago by BI special needs teacher Charlie Moon. FHF is comprised of a large group of general education students that connect special needs students with their general education peers. They have raised $20,000 in the last 30 months, for events like this, a new sensory room, music therapy equipment, and many other fun events. 

“FHF does so much for the special needs students. It really brings them out in their social skills. They become so much more comfortable around us all,” FHF Junior Danielle Hennessee said. 

FHF Junior Jada Naftzinger said it’s a two-way street. “It not only helps them, but us as well. It brings us out of our own shells and comfort zones.” 

Moon added, “For us, the Gala is not our calling card. I’ve told the students from day one, unless they truly know these special needs students, we won’t do the Gala at all. We’ll throw a big pizza party instead. The point is, we want the kids to really focus on the one-on-one, in-class work, hanging out in the halls, really talking to them. That’s the only way this program truly reaches its potential. Our motto is, “Changing lives, one friend at a time.”

During a private dinner which precedes the public dance, district office personnel, representatives from Congressman Buddy Carter’s office, district SPED staff, BI Football players and FHF members, parents and the honored guests – 50 special needs students from around the district will be in attendance.

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