Navicent Health Celebrates First “Tax Day Baby” to Raise Awareness of Importance of Financial Planning for Education
MACON, GA —While the date April 15 may not have the same implications as it typically does with Tax Day being moved to July, one lucky central Georgia family reaped the rewards of the originally scheduled day. The Vintson family of Dublin, GA, welcomed baby Pierre today at 12:38 a.m., and he was awarded $1,529 for his Path2College 529 Plan as the first “Tax Day Baby” born at The Medical Center, Navicent Health.
“Thank you, Navicent Health and Path2College! Thank you to all the staff involved with the birth of our son,” said Antonio Vintson, Pierre’s father.
This is the fifth year Navicent Health’s first baby born on Tax Day at The Medical Center in Macon was recognized with a contribution to his college savings plan.
“With so much happening in the world, everyone can benefit from something positive. We didn’t want our 2020 ‘Tax Day Baby’ to miss out on a jump-start to his college savings,” said Georgia State Treasurer Lynne Riley. “Tax day is traditionally a time of tremendous financial focus for families, and many will begin saving for college around this time. We hope this celebration will stimulate financial goal-setting with families now and through to the July 15th filing date.”
Each year Navicent Health and the Path2College 529 Plan partner to recognize the first “Tax Day” baby to raise awareness about the importance of saving for college and financial planning.
“It is such a pleasure to welcome little Pierre to the world by investing in his education. At Navicent Health, we believe that education is vital to an individual’s success, and Navicent Health participates in numerous initiatives to promote education and continued learning. We are pleased to partner with Path2College again this year to navigate Pierre towards a path of success,” said Missi Upshaw, Director, Pediatric and Women’s Services Director for Navicent Health.
The Path2Collge 529 Plan also kicked-off its 2020 Newborn Sweepstakes, which will award one baby born in Georgia this year a $5,529 college savings contribution. The Path2College 529 Plan will also award $1,529 to the hospital where the Newborn Sweepstakes winner is born.
Parents, grandparents and guardians of Georgia babies born in 2020 may go to www.Path2College529.com until April 14, 2021, for official rules, prize details and to enter for a chance to win the 2020 Newborn Sweepstakes. Entrants must be legal residents or taxpayers of Georgia and at least 18 years of age to enter. No purchase necessary. Void where prohibited. Sponsored by the Path2College 529 Plan.
For more information about the Path2College 529 Plan or to open a college savings account, please visit www.Path2College529.com or call (877) 424-4377.
To learn more about the Path2College 529 Plan, its investment objectives, tax benefits, risks, and costs please see the Disclosure Booklet at path2college529.com. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss. Check with your home state to learn if it offers tax or other benefits such as financial aid, scholarship funds or protection from creditors only available for investing in its own 529 plan. Consult your legal or tax professional for tax advice. If the funds aren't used for qualified higher education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply.
TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributor and underwriter for the Path2College 529 Plan.