Give a Meaningful Gift and Get Measureable Tax Savings
A brighter future for them, and tax advantages for you!
By opening a Kentucky Education Savings Plan Trust (KESPT) account for your child, you can show them how much you believe in their future. And that’s a feeling a child will treasure forever. Plus, there are lots of reasons for you to feel great about opening a KESPT 529 college savings plan account:
- 100% tax-free growth
- Pays for tuition, room & board, books, computers and more
- Funds can be used at eligible institutions throughout the U.S. and abroad
- Withdrawals for qualified higher education expenses are also 100% tax free!
Open an account at kysaves.com/give.
Gifting made easy for friends and family.
Build Savings Faster:
By inviting friends and family to give on special occasions, your savings will add up quickly.
Easy to Set Up:
Setting up Gifting for your account is easy!
- e-Gifting
Select the eGift icon from the account summary screen.
- Follow the simple steps of choosing the account, creating a new invitation by selecting an occasion, and adding a personal message.
- Add contacts/email addresses and hit send. It’s that easy.
- If you prefer, there is even an option to send a letter!
- By Mail:
Family and friends can simply write a check and send it in by mail.
Open a KESPT account and take advantage of eGift.
For more information about saving for college with KESPT, call 877-598-7878.
To learn more about the Kentucky Education Savings Plan Trust, its investment objectives, tax benefits, risks, and costs please see the Disclosure Booklet at kysaves.com. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss.
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. Taxpayers should seek advice from an independent tax advisor based on their own particular circumstances.
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. Taxpayers should seek advice from an independent tax advisor based on their own particular circumstances.
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.