Jennifer Herring presents Anna and Mike McDermott with a check for $1,529 for Coen, the first “Tax Day Baby” born at Northside Hospital reported by the [AJC]
Firstly, I didn't know such a thing existed but the way the economy is going, when I think about having kids I will plan to have the baby on Tax Day. LOL
The tradition is an effort to “raise awareness about the importance of financial planning and saving for a college education,” according to a press release.
“New families have a lot of things to think about, and college seems like a distant concern. While it’s never too late to start saving, the earlier you start the better,” said Caylee Noggle, Interim President of the Georgia Student Finance Commission, which partners with the Office of the State Treasurer to administer the Path2College 529 Plan for the state of Georgia. “Saving regularly over time will have the most impact, so reaching families with newborns and letting them know about the state’s Path2College 529 Plan is an important way to help ensure that more Georgia children establish a financial foundation to help them continue their education.”