'Tax Day Baby' at Northside to win money for college

1:39 PM, Apr 15, 2013   |    comments
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ATLANTA -- Officials at Northside Hospital have scheduled a 2 p.m. news conference to announce the tax day baby, the first baby born after midnight on April 15.

The baby will be awarded with $1,529 toward a Path2College 529 Plan to start preparations to pay for future college expenses.

Georgia's 529 Plan was launched in 2002 to encourage savings by making withdrawals for qualified education expenses free of federal and state taxes.

In 2009, it was ranked by Consumer Reports as one of the top 5 college savings programs in the country.

Families can contribute as little as $25 at a time to a child's account.

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