Win an Achieve Montana Scholarship
May 27, 2021
Being a parent means wearing your heart on your sleeve. It also means working hard to do your best for your child every day. At Achieve Montana, we work hard to help parents give their children successful future s. We do this by providing opportunities for parents to save for their child’s college education through 529 college savings accounts. And, happening right now, we are giving away ten $100 scholarships to start or contribute to your child’s 529 savings plan. The clock is ticking! Don’t miss out on your chance to win.
Here’s What You Need to Know:
The giveaway runs April 26 through May 31.
Winners can use the scholarship to open an Achieve Montana college savings account or contribute to an existing 529 savings plan.
Winners will be contacted by email and announced on our Achieve Montana Facebook page on June 2.
529 college savings accounts are one of the best ways parents can save for their children’s future education. There are different plans to choose from, and opening an account has many benefits. To learn more about how Achieve Montana can help you save and grow your child’s college savings, download an Enrollment Kit at achievemontana.com or call 877.486.9271.
Disclaimer: The Enrollment Kit includes a Program Description that discusses investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before investing.
Achieve Montana account owners who are Montana residents are entitled up to a yearly $3,000 deduction to adjusted gross income per taxpayer, in computing their Montana State income tax, or $6,000 for those married, filing jointly, based on contributions to Achieve Montana.
Contributions may be subject to recapture in certain circumstances, such as a federal non-qualified withdrawal, rollovers to another state's 529 plan, or withdrawals used to pay elementary or secondary school tuition, registered apprenticeship program expenses, qualified education loan repayments, or a withdrawal from an account that was opened within three years prior to the date of the withdrawal, as described in the Program Description.
If you are not a Montana taxpayer, consider before investing whether your or the beneficiary’s home state offers any state tax or other benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program.
Except to the extent of the New York Life Insurance Company guarantee that is available for the Capital Preservation Portfolio and certain of the Year of Enrollment Portfolios, investment returns are not guaranteed, and you could lose money by investing in Achieve Montana.