PHILADELPHIA, May 13 /PRNewswire/ -- The check is in the mail! It's not
often one hears those wonderful words, but for many, the check literally is
in the mail. Tax stimulus rebates have started going out, and while we are
all being encouraged to spend our way to a better economy, Futuretrust is
advising young families to save their way to future financial health and
the dream of a college education.
Investing part or all of a $600 rebate check today could turn into
thousands for that dream of college 15 years down the road.
Rebecca Matthias, President and Founder of Futuretrust says that using
your refund is a fantastic way to save for college for several reasons:
-- Especially for those who haven't yet started putting money away for
college, their rebate check can offer a great jumpstart on savings.
Then, even small contributions will grow steadily on top of that
healthy base.
-- The rebate check is an unbudgeted bonus, so tucking it away in a 529,
where it can grow tax-free, will not come at the expense of monthly
expenditures and necessities.
-- This rebate is a special opportunity! Many families receive a tax
rebate every year, which they have long spent by the time the check
arrives, but the stimulus rebate is an extra surprise for this year
only, and for many families, it is the only unbudgeted windfall they
have coming.
-- While most parents would love to allocate more to college savings, the
current economic climate has made saving more difficult than ever. But
using the rebate check is one way to save without adding to the burdens
caused by rising food and gas prices.
"Even if families can only save a part of their rebate, the important
thing to remember is that every little bit truly helps when you have time
on your side," says Rebecca. "That's what Futuretrust is all about --
offering consumers rebates that add up over time and grow tax free. What
could be easier?"
About Futuretrust(R)
Futuretrust(R) is a MasterCard(R)-linked college savings program that
enables families and friends to get a 'jump' on saving for college.
Futuretrust has no membership fee. Rebates are automatically contributed to
a tax-advantaged 529 college savings plan of the member's choice. Members
earn a minimum of 1% every time they make a purchase with the Futuretrust
MasterCard, accepted at millions of locations. Members also earn additional
college savings when they use the Futuretrust MasterCard at thousands of
partners in the Futuretrust Preferred Merchant Network consisting of major
retail chains, catalogs, restaurants and on-line merchants. Members can
also earn college savings rebates when they buy, sell, finance, or
refinance a home, as well as use moving services and home warranty
transactions. Applications are available at Motherhood(R) Maternity, Mimi
Maternity(R), A Pea in the Pod(R) and Destination Maternity(R) locations,
online at http://www.futuretrust.com or by calling 1.888.trust68.
Mothers Work press releases available through Company News On-Call at
http://www.prnewswire.com/comp/581877.html
SOURCE Futuretrust
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Related links:
http://www.futuretrust.com
http://www.prnewswire.com/comp/581877.html /
CONTACT:
Judie Ashworth of Futuretrust,
+1-215-873-2283, Jashworth@motherswork.com; or Linda Falcone for
Futuretrust, +1-212-995-1777, linda@blueskypr.com
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