February 23, 2017
On Wednesday, Eric Schmitt made his first stop in Sedalia since being sworn in as Missouri Treasurer last month to help more Missourians learn about investment accounts.
Schmitt told both Daly and the Democrat that MOST 529 and the ABLE program are a “primary focus for our administration.”
“We’re being very deliberate about getting out and promoting the things that we do, especially the 529 and ABLE stuff, we want to make people aware of it,” Schmitt told the Democrat after his visit. “We want to increase the number of accounts that are open on the 529 MOST side, but make people aware — it’s amazing the number of places I talk about ABLE accounts and no one’s heard of that.”
A 529 college saving plan is a type of investment account citizens can use for higher-education savings, usually sponsored by a state, according to MissouriMOST.org.
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