New changes bring exciting news across the Treasurer’s Office





Treasurer Smith: Protecting Iowa's Money





Newsletter



September 19, 2024





Happy Fall! As the leaves begin their transformation, I’m reminded of how exciting it is to celebrate change. We’ve made several changes that are worth celebrating, from a fresh new plan name to expanded eligibility for small business loans and more. It’s all about growth and progress here, and I’m thrilled to share these latest updates with you!

Roby Smith
Iowa State Treasurer

________________________________________________________________________


1

Introducing ISave 529

*College Savings Iowa® has a new name. Enjoy the same great benefits!*

Learning is more than just a path to college, and because of this, College Savings Iowa is now ISave 529 [ [link removed] ]™ [ [link removed] ]. New name, same great benefits! Whether the path leads to saving for K-12 education, two- or four-year colleges, apprenticeships, vocational or trade schools, ISave 529 is here to help make your education dreams a reality. ISave 529 maintains all the features of College Savings Iowa including best-in-class investment options to help you save for education.

To celebrate, ISave 529 is giving away a $5,290 contribution. Enter at Iowa529Contest.com [ [link removed] ] by September 30 and you could win a $5,290 contribution to the education savings for a child in your life. That’s enough to cover an entire year’s tuition at a community college in Iowa!

*Enter the $5,290 giveaway* [ [link removed] ]


________________________________________________________________________


2

LIFT Eligibility List Extended

*Veterans added to the list of those who qualify.*

The passing of Senate File 461 [ [link removed] ] expanded the list of small business owners eligible for the Linked Investments for Tomorrow (LIFT) program to include veterans! LIFT provides capital to Iowa small businesses that are 51% owned, operated and actively managed by one or more women, minority persons, persons with disabilities and veterans.

To apply, small businesses should contact their financial institution to complete the normal lending process. Lenders will then submit an online application for borrowers and businesses they believe are eligible to the State Treasurer’s Office for review.

Interested small businesses are encouraged to contact their financial institution or visit IowaLift.gov [ [link removed] ] for more information. This historic change is a big win making a direct impact in the lives of Iowans and Iowa's small businesses!

*Learn more about LIFT* [ [link removed] ]






________________________________________________________________________


3

Fair Fever Hits Iowans at Great Iowa Treasure Hunt Booth

*More than half-a-million dollars claimed during this year’s Iowa State Fair.*

Corndogs, concerts, rides, the butter cow, animals and searching your name at the Great Iowa Treasure Hunt booth were all a part of this year’s Iowa State Fair. Fair-goers generated some blue-ribbon worthy numbers at the Great Iowa Treasure Hunt booth!

2024 Fair stats

Number of claims filed: 2,467; Total value of claims: $572,974; Largest single claim filed: $50,717

If you didn’t make it to the State Fair this year, you can search online year-round at GreatIowaTreasureHunt.gov [ [link removed] ]. With 1 in 7 having unclaimed property, chances are you or someone you know has cash to claim!

*Search for your name* [ [link removed] ]


________________________________________________________________________


4

Invite IAble to Speak at Your Next Event

*Learn how IAble could benefit you or someone you know.*

Did you know you can request a member of our team speak to your group or organization about the benefits of IAble, Iowa’s Achieving a Better Life Experience Plan?

IAble allows individuals with disabilities and their support system the opportunity to save and invest their money on a tax advantaged basis [ [link removed] ] for Qualified Disability Expenses [ [link removed] ] such as housing, food, basic living expenses, assistive technology, personal support services and more without risking essential federal government benefits.

More than 2,900 Account Owners are saving with the Plan, but we know many more could benefit. Help us spread the word about how those with a disability could save for greater financial freedom. Reach out for us to be a speaker at your organization’s next event!

*IAble speaker request* [ [link removed] ]


________________________________________________________________________


5

In Case You Missed It

*Interest earned the State $456 million!*

In July I announced the Pooled Money Fund earned a record-breaking $456 million in interest for the State’s 2024 fiscal year, which runs from July to June. The Pooled Money Fund is a combination of the State’s General Fund, Road Use Tax Fund, two reserve funds and a number of smaller funds. What does this mean for Iowans? The more money we earn means less coming out of Iowans’ pockets!

*Read more about the record-breaking earnings* [ [link removed] ]


________________________________________________________________________



"ISave 529 and the ISave 529 logo are trademarks of the Iowa Educational Savings Plan Trust."

"College Savings Iowa is a registered mark of the Iowa Educational Savings Plan Trust."

"IAble is a registered mark of the Iowa ABLE Savings Plan Trust."








State of Iowa Treasurers Office

facebook [ [link removed] ]twitter [ [link removed] ]instagram [ [link removed] ]




You are currently signed up to receive messages from the State of Iowa Treasurer's Office. Click on the links below to contact us, get further help or manage your subscription. The service is provided for you free of charge by the State of Iowa.

Contact Us [ [link removed] ]   |   Help [ [link removed] ]   |   Manage Subscriptions [ [link removed] ]




<!-- @media only screen and (max-device-width: 480px) { .tablecell { width:100% !important; display: block !important; max-width:100% !important; min-width: 100% !important; } } -->

________________________________________________________________________

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: State of Iowa · 1007 E Grand Ave · Des Moines, IA 50319 GovDelivery logo [ [link removed] ]

body .abe-column-block { min-height: 5px; } table.gd_combo_table img {margin-left:10px; margin-right:10px;} table.gd_combo_table div.govd_image_display img, table.gd_combo_table td.gd_combo_image_cell img {margin-left:0px; margin-right:0px;}