Alaska 529 Promotes Financial Literacy Month
As we shake off the cold of winter, start planning our gardens, and look forward to the warmth and light of summer, let us also consider a review of our financial wellness. April is Financial Literacy Month. It is a time to learn a new financial tool, save a little extra money, and think about your financial future.
Alaska 529 specializes in the education savings track of your financial future. As an employee at the University of Alaska, you might believe you don’t need to worry about saving for postsecondary education. The UA employee tuition waiver is an amazing benefit, yet it’s important to remember that tuition is only one part of the overall cost of attendance at UA, and your child may choose to go Outside for school (though we hate to admit it). Alaska 529 can help you plan for wherever the path may lead. It offers versatile investment accounts that can be used for qualified expenses at nearly all colleges, universities and technical schools nationwide, as well as for K-12 tuition.
- All UA employees can open and contribute to Alaska 529 accounts using payroll direct deposit.
- UA employees have the added benefit of the Alaska 529 team located at the University of Alaska in the Butrovich Building on the Fairbanks campus and in the Bragaw Building in Anchorage (currently virtual).
- Employees can call, Zoom, or schedule a virtual speaker for a department staff meeting.
Throughout the month of April, consider your financial wellness goals, and if education savings is a part of yours, give us a call with your questions. Visit the Alaska 529 website, contact alaska529@alaska.edu, or follow the conversation on Facebook or Instagram for more information.