California ACR202 proclaims May 29, 2026, as 529 College Savings Day.
California ACR202 recognizes May 29, 2026, as 529 College Savings Day to raise awareness about the importance of saving for college through 529 college savings plans. These plans help families limit or eliminate future student loan debt by allowing savings to be used for higher education expenses. The resolution highlights the growth of the ScholarShare 529 College Savings Plan, California's official state-sponsored 529 plan, which has accumulated over $17 billion in assets. The plan offers tax-deferred growth and tax-free withdrawals for qualified higher education expenses.
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