FRANKFORT, Ky. — Kentucky’s 529 college savings plan kicked off the annual Dream Out
Loud Challenge this week, inviting families of students in grades Pre-K through 6 to
participate for a chance to win a $1,000 college savings plan account and $500 for
their school. Students may enter Dream Out Loud by submitting an original drawing,
poem, essay or video answering the question: “How will I change the world after I go
to college?” Parents can learn more by visiting www.kysaves.com/DreamOutLoud.
The Kentucky Education Savings Plan Trust (KESPT) is Kentucky’s official 529 college
savings plan. KESPT sponsors Dream Out Loud to encourage Kentucky families to start
planning for higher education with their children.
“Over the years, thousands of Kentucky children have participated in the Dream Out
Loud Challenge and shared their dreams for the future” said KESPT Manager David
Lawhorn. “Dream Out Loud encourages families to talk about college while their
children are at a young age, which is an important time to start saving for higher
education expenses.”
Dream Out Loud runs from January 16 through March 20, 2017. Entries must be
postmarked by March 20 and received by March 24. The contest has two categories:
drawing or video and essay or poem. One winner will be chosen from each category in
grades Pre-K and K, grades 1 and 2, grades 3 and 4 and grades 5 and 6. The winning
students will receive a $1,000 KESPT college savings account, and their schools will
win $500.
KESPT has awarded more than $94,000 in Dream Out Loud prizes to winners and their
schools over the past seven years. The plan is administered by the Kentucky Higher
Education Assistance Authority and managed by TIAA-CREF Tuition Financing Inc. KESPT
helps parents, grandparents and others invest in a child’s future college education.
A KESPT account can be started with as little as $25 and can be used at any
qualified institution in the nation. For more information about KESPT, tax
advantages and the eGifting feature, visit kysaves.com or call toll-free
1-877-598-7878.
Visit www.kysaves.com/DreamOutLoud to learn more about the Dream Out Loud challenge,
including official rules, a communications toolkit and a complete description of
entry requirements. No purchase necessary. Void where prohibited.
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.