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CalKIDS: Under new program, California children born after July 2020 to qualify for college savings accounts


As income inequality has grown nationwide, leaving Hispanics and Blacks with seven to 10 times less the typical wealth of white families, California lawmakers are pushing toward higher education.One of those projects includes creating ScholarShare 529, a universal program to invest money into an account for every child born in the Golden State. We had just been working with California Department of Public Health to make sure that as children are being born, that information is being provided to ScholarShare 529 so that they start having these accounts set up, said Assembly Member Adrin NazarianWhile it s welcomed by many, there s still hope that more funding can help close inequity gaps. Sounds like a good idea but that s assuming that every child is starting from the same position in terms of their community and in terms of their quality of life, said Lorreen Pryor, with American Descendants of Slavery. Nazarian, who championed this initiative, says the California Kids Inv ....

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New Mexico Education Trust seeks investment consultant


New Mexico Education Trust seeks investment consultant
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New Mexico Education Trust Board, Santa Fe, is searching for an investment consultant for the New Mexico 529 College Savings Program.
The board issued an RFP due to the impending expiration of the contract of current consultant Meketa Investment Group, said Vera Lyons, procurement manager. The firm is eligible to rebid, she said.
Ascensus is the current program manager.
The program consists of two 529 college savings plans: the $1.9 billion adviser-sold Scholar s Edge Plan and the $643 million direct-sold Education Plan.
The RFP is available on the board s website. Proposals are due at 5 p.m. MDT on April 14. The board has set a tentative contract award date of June 4. ....

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Calendar Contest Winner from Chestnut Ridge MS


A Chestnut Ridge Middle School student’s artwork will be showcased this year as one of the winning entries in Pennsylvania Attorney General’s 24th Annual Drug-Free Calendar Contest.
Jeffery Ickes, son of Bradley and Jo Ickes of Osterburg, created the March artwork for this year’s calendar contest. He received a certificate and a $529 contribution to his Pennsylvania 529 College Savings Program, which the Pennsylvania Treasury Department supervises.
“I was very happy, and excited about winning the money,” said Ickes.
The office of Attorney General Josh Shapiro invited fifth-grade students throughout Pennsylvania to create original artwork with drug-free messages in a contest started during National Substance Abuse Prevention Month in October. ....

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