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TO RECOGNIZE WEDNESDAY, APRIL 3, 2019 AS "529 DAY" IN SOUTH CAROLINA IN ORDER TO ENCOURAGE CITIZENS TO LEARN MORE ABOUT THE FUTURE SCHOLAR 529 COLLEGE SAVINGS PLAN AND ALL OF THE OTHER CONSUMER-FACING PROGRAMS OFFERED AT THE STATE TREASURER'S OFFICE.
Whereas, saving for a college education is an important investment in a child's future; and
Whereas, South Carolina's Future Scholar 529 College Savings Plan currently serves more than one hundred sixty-six thousand families with over $3.6 billion in assets under management; and
Whereas, South Carolina's Future Scholar 529 College Savings Plan has earned national accolades from Morningstar, the Wall Street Journal, Money Magazine, and savingforcollege.com; and
Whereas, the pursuit of a higher education results in both an enhanced quality of life for the citizens of South Carolina and an improved Palmetto State for all; and
Whereas, the State Treasurer's Office also offers a number of other programs that benefit the citizens of South Carolina; and
Whereas, the South Carolina ABLE Savings Program offers ABLE accounts to individuals with disabilities to ensure their access to the same kinds of savings tools that are available to the broader population; and
Whereas, another program of the State Treasurer's Office, the South Carolina Unclaimed Property Program returned $36.9 million last fiscal year to individuals and businesses in our State, and it currently has more than six hundred fifty million dollars in unclaimed funds available for claim. Now, therefore,
Be it resolved by the Senate:
That the members of the South Carolina Senate, by this resolution, recognize Wednesday, April 3, 2019 as "529 Day" in South Carolina in order to encourage citizens to learn more about the Future Scholar 529 College Savings Plan and all of the other consumer-facing programs offered at the State Treasurer's Office.
Be it further resolved that a copy of this resolution be provided to the Honorable Curtis M. Loftis, Jr., Treasurer of the State of South Carolina.
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