State Treasurer David McRae issued the following statement.
State Treasurer David McRae today shared that Forbes has listed the Mississippi Affordable College Savings program as the sixth best 529 program in the country.
"We’re building a program that reflects today’s economy, where success isn’t limited to a four-year degree, but includes certifications, technical training, and workforce credentials that lead to good-paying jobs right here in Mississippi,” said McRae. “I thank Forbes for the recognition and look forward to helping the same kids benefiting from the Mississippi Miracle find the financial footing to pursue a career of their choice."
Treasurer McRae has made significant changes to the College and Career Savings program since taking office in 2020. Specifically, he expanded the ability for families to use the funds on job-centric training (rather than just a four-year degree). This means the funds saved can be used for apprenticeships, certifications, and classroom supplies, as well as for K-12 and university tuition.
Additionally, the Treasurer modernized the program, allowing families to contribute using Venmo, PayPal, and crypto while also having access to a debit card to expend the funds more easily.
With these changes in place, the program has grown significantly, now serving 23,000 Mississippi families.
Read the Forbes article here. For more information about the Mississippi College and Career Savings department, Mississippi residents are invited to visit treasury.ms.gov/

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