Virginia newborns to get college savings accounts - KMSP-TV

Virginia newborns to get college savings accounts

Posted: Updated:

RICHMOND, Va. (AP) -- The Virginia529 plan is giving 22 newborns a jump on paying for college.

The state investment plan is handing out college savings accounts valued at $529 on Thursday, which is being celebrated nationally as 529 College Savings Day. The accounts will be given to one baby born closest to 5:29 p.m. Thursday at each of 22 participating hospitals statewide.

Virginia529 CEO Mary G. Morris says it's a fun way to remind parents and grandparents to start saving now.

Other incentives will be offered, too. People who open Virginia529 inVEST accounts with at least $100 through Thursday will receive a $50 match from Virginia529. One person also will be awarded a $2,500 contribution toward a new or existing Virginia529 account.

Virginia529: http://www.virginia529.com/

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • FOX 5 News Morning: ArchiveMore>>

  • Zip Trip: Purcellville

    Zip Trip: Purcellville

    Friday, July 18 2014 11:36 AM EDT2014-07-18 15:36:13 GMT
    Our latest FOX 5 Zip Trip took us to Purcellville, Virginia. The charming Loudoun County town is home to about 8,000 people.
    Our latest FOX 5 Zip Trip took us to Purcellville, Virginia. The charming Loudoun County town is home to about 8,000 people.

  • Zip Trip: Friendship Heights

    Zip Trip: Friendship Heights

    Friday, July 11 2014 11:59 AM EDT2014-07-11 15:59:49 GMT
    It didn't take us long to get to this FOX 5 Zip Trip destination...because it's in our neighborhood! Located in both northwest D.C. and southern Montgomery County, Maryland, Friendship Heights is truly a place you can live, work AND play-- and we showed you how. 
    It didn't take us long to get to this FOX 5 Zip Trip destination...because it's in our neighborhood! Located in both northwest D.C. and southern Montgomery County, Maryland, Friendship Heights is truly a place you can live, work AND play-- and we showed you how. 
  • Zip Trip: Occoquan

    Zip Trip: Occoquan

    Thursday, June 12 2014 12:21 PM EDT2014-06-12 16:21:44 GMT
    This FOX 5 Zip Trip takes us to a town like no other-- in a place you might not even know existed!  Occoquan, Virginia is home to about 1,000 residents, along with many great shops, restaurants-- and the Occoquan Arts and Crafts Show!  We got a taste of all the town has to offer on FOX 5 News Morning and Good Day DC!
    This FOX 5 Zip Trip takes us to a town like no other-- in a place you might not even know existed!  Occoquan, Virginia is home to about 1,000 residents, along with many great shops, restaurants-- and the Occoquan Arts and Crafts Show!  We got a taste of all the town has to offer on FOX 5 News Morning and Good Day DC!

Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices