Kansas Treasurer Jake LaTurner contributed $5,000 to the Learning Quest 529 Account to 1st grade student Charlee Reese at Skelly Elementary in El Dorado.
He personally delivered the check to Reese to her classroom Wednesday.

Kansas Treasurer Jake LaTurner contributed $5,000 to the Learning Quest 529 Account to 1st grade student Charlee Reese at Skelly Elementary in El Dorado.

He personally delivered the check to Reese to her classroom Wednesday. Charlee is the daughter of Ty and Audrey Reese of El Dorado. Ty is an assistant baseball coach at Butler Community College.

These contributions were provided by American Century Investments, the program manager for Kansas Learning Quest 529 Education Savings Program. After the presentation, LaTurner answered questions from the 1st grade class. Many of the questions were about scholarships and how students could earn a scholarship.

Ten students across the state were awarded the $5,000 awards. LaTurner administers the Kansas Learning Quest 529 Education Savings Program. He is traveling the state and awarding $5,000 of contributions to the Learning Quest accounts of 10 students throughout the state.

The winners’ families have contributed regularly to their account and were selected at random by the Treasurer’s Office to help reward them for consistently saving for their children’s future.

The Learning Quest program provides tax advantages under both Kansas and federal law. Earnings in a 529 plan are not taxed by the federal government or the state of Kansas. Kansans can receive a $3,000 individual or $6,000 tax deduction per beneficiary on their Kansas taxes.

The State of Kansas wants all children to have an opportunity for a college education, including those from families who otherwise may not be able to afford it. That’s why Kansas is willing to match up to $600 of contributions into a Learning Quest account for families who qualify. If you start at birth, Kansas will contribute over $10,000 to your child’s education.