Kentucky Education Savings Plan Trust

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Join Kentucky’s 529 Plan for “Coffee & College Savings” event set for March 8 at Heine Brothers‘ Coffee

Mar 03, 2017

FRANKFORT, Ky. —Just five minutes over a cup a coffee, and local families could be on their way to saving for college. The Kentucky Education Savings Plan Trust (KESPT) is inviting parents and grandparents to learn more about saving for college at Heine Brothers’ Coffee at 805 Blankenbaker Parkway in Louisville on Wednesday, March 8, from 10 a.m. to 2 p.m.

KESPT is Kentucky’s official 529 college savings plan. Families with FAFSA questions are also encouraged to attend.

David Lawhorn, program manager for KESPT, will host the event and chat one-on-one with parents about how to save for higher education expenses with a 529 college savings plan. Parents with questions about the event can reach Lawhorn at (502) 696-7383.

KESPT accounts offer an affordable way to save for college and can be started with as little as $25. Any earnings are tax free in a KESPT account, and withdrawals are tax-free when used to pay for qualified education expenses. A 529 plan can be used at qualified institutions nationwide for tuition and any required cost of attendance such as books, computers, room and board.

Established in July 1988, KESPT has helped thousands of students achieve their dreams of going to college.

For more information about KESPT and tax advantages, visit kysaves.com or call toll-free 1-877-598-7878. The plan is managed by TIAA-CREF Tuition Financing, Inc., a leader in 529 program management.

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No public funding is used for KESPT marketing, promotions or contest awards. Funding is provided by TIAA-CREF program manager for KESPT.

Consider the investment objectives, risks, charges and expenses before investing in the Kentucky Education Savings Plan Trust. Please visit kysaves.com for a Plan Disclosure Booklet containing this and other information. Read it carefully. Investments in the plan are neither insured nor guaranteed and there is the risk of investment loss.

The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties. Taxpayers should seek advice from an independent tax advisor based on their own particular circumstances. Non-qualified withdrawals may be subject to federal and state taxes and the additional 10% federal tax.

TIAA-CREF Tuition Financing, Inc., Plan Manager. TIAA-CREF Individual & Institutional Services, LLC, member FINRA, distributor and underwriter for the Kentucky Education Savings Plan Trust.


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