OKLAHOMA CITY – They may have just been born Monday, but college funds for two babies in Oklahoma are already underway!
On Tax Day, April 15, the Oklahoma College Savings Plan awarded two babies first born in the state a college fund check of $1,529.
“The birth of a child is a very special day,” said Oklahoma State Treasurer Randy McDaniel, board chair for OCSP. “Starting to save for college when children are young is ideal because accounts have many years to grow. Contributions made to an Oklahoma 529 College Savings Plan account qualify for deduction on your state income taxes. It’s a great way to save for college and receive tax savings.”
“My point is to push my children toward a career and toward their future,” Cecilia said. “Michael is a lucky baby on Tax Day to receive this.”