First Tax Day Baby born at Memorial University Medical Center Welcomed with Contribution to His Path2College 529 Plan Account

(April 15, 2015) - At 2:38 this morning, 7-pound, 11-ounce baby Levi Jarrett was welcomed at Memorial University Medical Center.  Shortly thereafter, his parents were surprised with a contribution to a Path2College 529 Plan account for Levi’s future college expenses as he was recognized as the first “Tax Day Baby” born at Memorial.

“How often do you wake up and find your baby has a college savings before he’s even 10 hours old,” said Aaron Millspaugh, Levi’s dad.

“We’re excited about what this college savings means for Levi’s future,” said Kayla Millspaugh, Levi’s mom.

This is the second Tax Day Baby celebration at Memorial. Each year, one lucky child is awarded with $1,529 for his or her college savings plan. The Tax Day celebration was established to raise awareness about the importance of saving for college and financial planning.

“This is a great way to set our ‘Tax Day Baby’ on the road to educational success,” said Rosalind Jackson, director of Women’s Services at Memorial. “We try to make every birth experience at Memorial a positive one and this partnership with Path2College makes it even more exciting for this special family.”

Tax day also kicks off the statewide 2015 Newborn Sweepstakes, where Georgia families who have a baby in 2015 can enter for a chance to win a $5,529 contribution toward a child’s or grandchild’s college savings. The Path2College 529 Plan will also award $1,529 to the hospital where the Newborn Sweepstakes winner was born.

“Having a child is such an amazing time in life, but with all of the changes and hectic schedules a new baby brings, planning for the future can often get pushed back,” said Mitch Seabaugh, executive director of the Path2College 529 Plan. “That’s why we try to reach families early in a child’s life to encourage them to look at their saving options, and do as much as they can to prepare for the financial cost of that child’s education.”

Seabaugh said that Tax Day is a natural fit for families to think about financial planning and saving for college since money is at the top of mind for most people this time of year.

“There is no better day than today to start saving for college,” said Seabaugh. “And, while it’s better to start early and contribute over time, no matter how old a child is—it’s never too late to save."

Parents, grandparents and guardians of Georgia babies born in 2015 may go to www.Path2College529.com until April 14, 2016, for official rules, prize details and to enter for a chance to win the Newborn Sweepstakes. Entrants must be legal residents or taxpayers to Georgia and at least 18 years of age to enter.  No purchase necessary. Void where prohibited. Sponsored by the Path2College 529 Plan.

This is the fifth year Path2College has held its Newborn Sweepstakes. The 2011 and 2013 winners were born at Northside Hospital in Atlanta; the 2012 winner was born at Doctors Hospital in Augusta and the 2014 winner will be announced soon.

For more information about the Path2College 529 Plan or to enter the 2015 Newborn Sweepstakes, please visit www.Path2College.com or call (877) 424-4377.

Memorial University Medical Center is a two-state healthcare organization serving a 35-county area in southeast Georgia and southern South Carolina. The system includes its flagship hospital, a 654-bed academic medical center; Memorial primary and specialty care physician networks; a major medical education program; business and industry services; and NurseOne, a 24-hour call center. You can follow us at facebook.com/memorialhealth, twitter.com/mymemorial, and youtube.com/memorialhealth.