Families can show the state who they are saving for, for a chance to win an Indiana529 savings account deposit.

The state treasurer’s office is holding the Faces of 529 Day Contest to celebrate National College Savings Plan Day on May 29.

Indiana529 will award five winners with a $529 Indiana529 account deposit for sharing a photo of who they are saving for during the month of May.

Indiana529 provides families with flexibility and choice when it comes to saving for education after high school. Funds can be used at any eligible school or qualified apprenticeship program, both in- and out-of-state. Accounts grow tax-deferred and distributions are tax-free as long as the money is withdrawn to pay for qualified education expenses like tuition, books, equipment and fees, according to the sta

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