I am excited for your family’s future, and the Oregon 529 College Savings Network can play a key role in putting your dreams within reach.

Saving for a college education has never been more important, and the Oregon 529 Network is a great way to help you do it. With an annual state tax deduction, tax-free growth and a broad mix of investment choices, it is a great way to get a jumpstart on your college savings goals.

The Oregon 529 College Savings Board, which I chair, continues to work diligently to lower program fees, enhance customer service and offer investments that will help you achieve your college savings goals. A number of new investment options were added just last year, including the Principal Plus Interest Portfolio, which protects your principal investment and guarantees you an annual return. I am excited about this option because it is the first time we have offered an option that is not subject to the ups and downs of the financial markets.

I know firsthand how important a college education is to you and your family. I also know that saving is not easy. It takes discipline and often a good measure of sacrifice. My wife and I are currently saving for our daughter’s college education, so we know how difficult it can be, especially in today’s challenging economy. By saving money today for future college expenses, you are taking an important step to improve your family’s future.
Sincerely,

Ted Wheeler
State Treasurer