TOPEKA, Kan. — Seventh and eighth grade students across Kansas can showcase their creativity and win an education savings account in the 14th annual Learning Quest Make Your Mark Contest. The Learning Quest 529 Education Savings Program is Kansas’ state-sponsored 529 plan, designed to help families invest for their child’s continued education after high school.
This year’s theme is “your future is a clean slate where anything is possible.” Students are being asked to think ahead 20 years from now and explain how they’d be introduced and what they’d discuss if asked to give a commencement speech to the class of 2035 at their former high school. They can choose to respond in one of two categories: the written where they can submit a traditional essay format (up to 350 words) or the creative where they can articulate themselves with a drawing, poetry, collage, video or any other sort of visual response.
“This contest is a perfect fit for our Learning Quest program,” said Kansas State Treasurer Ron Estes, who administers the Learning Quest 529 Program. “It encourages Kansas youth to reflect on future career goals they’ve set for themselves, and consider the training or education they’ll need to achieve those dreams.”
The contest, open to all seventh and eighth grade students in Kansas, begins mid-August, and all entries must be postmarked or submitted electronically at http://essay.LearningQuest.com/ by Oct. 9, 2015.
Prizes include $2,000 Learning Quest accounts for the first-place winner in each of the two categories. Learning Quest judges will also select up to five entries per category to be posted online for public voting for the chance to win the People’s Choice prize of $1,000 per category. Additionally, each of the schools attended by the four winners (the two winners selected by the judges and the two winners by public voting) will receive a $1,000 prize from Learning Quest. Prizes are provided by American Century Investments.
“Since beginning this contest 14 years ago, we’ve had schools continue to support the contest year after year, encouraging students to plan ahead and prepare for their future,” said Estes. “Giving a prize to each of the winning students’ schools is our way of thanking the teachers, principals and school administrators of our Kansas schools for their commitment towards the education of our state’s next generation.”
To learn more and download participation materials, visit the contest website at http://essay.LearningQuest.com/. Updates can also be found on the Learning Quest Facebook page at www.Facebook.com/KSLearningQuest529.
The Learning Quest 529 Education Savings Program was created to help families invest for their child’s continued education after high school, whether at a traditional four-year college, community college, or technical school. Learning Quest investors benefit from tax-deferred growth and tax-free withdrawals when used for qualified education expenses (tax benefits may be conditioned on meeting certain requirements). Kansas taxpayers can receive a Kansas tax deduction up to $3,000 per child ($6,000 if married, filing jointly) on contributions to Learning Quest or any other 529 plan sponsored by another state.
Ron Estes is the 39th state treasurer for the state of Kansas and is the first state-wide elected official from the city of Wichita in 20 years. He was elected to serve as the Midwest Regional Vice President for the National Association of State Treasurers 2012-2013, and now serves on the College Savings Plans Network Executive Board and the National Association of Unclaimed Property Administrators Executive Board. Ron has also served as Sedgwick County Treasurer and as the treasurer for the Kansas County Treasurers’ Association. He was born in Topeka and is a fifth-generation Kansan. Ron and his wife, Susan, have three children.
Before investing, carefully consider the plan’s investment objectives, risks, charges and expenses. This information and more about the plan can be found in the Learning Quest Handbook, available by contacting American Century Investment Services, Inc., Distributor and Underwriter, at 1-877-345-8837, and should be read carefully before investing. If you are not a Kansas taxpayer, consider before investing whether your or the beneficiary’s home state offers a 529 Plan that provides its taxpayers with state tax and other benefits not available through this plan. Notice: Accounts established under Learning Quest and their earnings are neither insured nor guaranteed by the state of Kansas, the Kansas State Treasurer or American Century Investments.
No purchase necessary. Void where prohibited. See official rules for details at http://learningquest.com/essay.
The earnings portion of non-qualified withdrawals is subject to federal and state income taxes and a 10% federal penalty.
The availability of tax or other benefits may be conditioned on meeting certain requirements, such as residency, purpose for or timing of distributions, or other factors.
IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.
Administered by Kansas State Treasurer Ron Estes
Managed by American Century Investment Management, Inc.
©2015 American Century Proprietary Holdings, Inc. All rights reserved.
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