Virginia celebrates 529 College Savings Day, babies born today may win $529

Babies in Virginia may win $529 dollars towards their college savings plan today.
Image Courtesy: Flickr/sabianmaggy

May 29 is celebrated nationwide as the 529 College Savings Day “to educate individuals, parents, grandparents, family members and friends on the importance of saving for college and the many advantages of saving in a 529 plan.”

Virginia529 College Savings Plan, a resource for Virginia’s tax–advantaged college savings programs will give away accounts worth $529 to each lucky mother and her infant born closest to 5:29 p.m. on May 29, 2013. A list of participating hospitals can be found here.

Furthermore, Virginia529 is upping the ante and celebrating the day with the biggest giveaway. They will be awarding two $5000 contributions to a new and existing Virginia 529 account.