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Wednesday, August 19, 2009 On September 25, Saving for College Will Literally Be a Walk in the Park for the Kids of Indianapolis Indiana Education Savings Authority to Host First-of-its-Kind “Walk Into My Future” Pledge Walk to Promote Saving for College
INDIANAPOLIS, August 19, 2009 -
State Treasurer Richard Mourdock, Chairman of the Indiana Education
Savings Authority (IESA), announced today that on September 25, 2009,
the State will welcome fifth-grade students from the Indianapolis Public
Schools (IPS) for the first-ever Walk Into My Future pledge walk.
Thousands of students are expected to participate in this unique 5.29k
(3.3mi) walkathon, which will help children save for college through
pledges for their future higher education. All pledges received will be
invested in tax-advantaged CollegeChoice 529 Direct Savings Plan
(CollegeChoice 529) accounts opened specifically to foster savings for
the students' higher education.
"We want people to realize that CollegeChoice 529 is a valuable resource
for Hoosier families who want a bright future for their children, and
subsequently for all of society," commented Richard Mourdock, Indiana
State Treasurer. "Walk Into My Future will be a fun and
exciting way to bring more kids and their families one step closer to
college. We're looking forward to a great turnout for this landmark
event."
Hosted by CollegeChoice 529, in partnership with IPS and Upromise
Investments, program manager for CollegeChoice 529, Walk Into My
Future will encourage children to collect pledges from family,
friends, and neighbors to enhance their college savings. The event,
which is open to all children and families saving for college, will be
held at White River State Park in Indianapolis and will start at 10:00
a.m. on Friday, September 25, 2009. No pledges are required to
participate, and all children who walk will be entered into a drawing
for $529.
“IPS is pleased to partner with CollegeChoice 529 to help our students
begin thinking about and saving for college,” explained Dr. Eugene G.
White, superintendent of Indianapolis Public Schools. “Participating in
an event like this is one more way we show our students what it means to
take responsibility for their future.”
"Our mission is to help all families save for their children's higher
education, and this is one of the new, innovative strategies that we've
developed to help them take action," said Mark Chapleau, President of
Upromise Investments, Inc. "Walk Into My Future will
encourage Indiana’s children to take pride in their potential and take
control of their future, and could serve as a national model for
engaging children early.”
Local support for Walk Into My Future comes from media partners
WTHR NBC 13; WFMS 95.5, The
Country Station; WRDZ Radio Disney 98.3 FM, and Indy Moms, as well as
from Marsh Supermarkets.
The emcee for the event will be Channel 13’s Angela Cain, who serves the
station and the Indianapolis community as community affairs director.
The Walk's website, www.walkintomyfuture.com,
explains this first-of-its-kind event, answers questions, and allows
pre-registration, which is encouraged. Walk Participation Kits are also
available at the site.
If you are not an Indiana taxpayer, consider before investing whether
your or the beneficiary’s home state offers any state tax or other
benefits that are only available for investments in such state's
qualified tuition program.
CollegeChoice 529 Direct Savings Plan (Plan) is administered by the
Indiana Education Savings Authority. Upromise Investments, Inc. (UII)
serves as the program manager and Upromise Investment Advisors, LLC
(UIA) provides investment advisory, recordkeeping, and administrative
services to the Plan. Together, UII and UIA have overall responsibility
for the day-to-day operations, including marketing and distribution of
the Plan. Dodge & Cox; Frontegra Asset Management, Inc.; The Vanguard
Group, Inc.; and Western Asset serve as investment managers for the
Plan. The Plan’s portfolios, although they invest in mutual funds, are
not mutual funds. Units of the Plan’s portfolios are municipal
securities and the value of units will vary with market conditions. For
more information about the Plan, call 1.866.485.9415 or visit www.collegechoicedirect.com
to obtain a Disclosure Statement, which includes investment objectives,
risks, charges, expenses, and other important information. Read and
consider it carefully before investing. Upromise Investments, Inc.,
Distributor and Underwriter.
© 2009 Indiana Education Savings Authority and Upromise Investments,
Inc. All marks are the property of their respective owners.
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