Michigan's 529 Plans Launch Summer Reading Program Sweepstakes on 5-29 Day!

LANSING, Mich., May 26, 2011 /PRNewswire/ -- The Michigan Education Savings Program (MESP) and the Michigan Education Trust (MET) are launching the 4th annual Summer Reading Program Sweepstakes, Destination College Savings (the "Sweepstakes"), on a special day this year, May 29, 2011 – or 5-29 Day!

MET and MESP are Michigan's official Section 529 plans. Both plans offer flexible features and a potential state income tax deduction on contributions for Michigan residents. MESP and MET have helped thousands of families save over $2.7 billion* toward a loved one's future college education (*May, 2011).

The Sweepstakes, which launches on May 29, 2011 (5-29 Day) and runs through August 12, 2011, will award twelve $1,500 prizes to parents with a participating child in the Summer Reading Program, which can be used toward a child's future college education. Plus, the libraries of the winners will receive $1,000 toward their future reading programs. Parents can enter to win by filling out an official Sweepstakes Entry Card at their local participating library when signing up their children for the Summer Reading Program.

"Investing back in the Michigan community is important to MESP," said Renee Hill, MESP program manager. "This has been a successful partnership with our Michigan libraries in encouraging children to read during the summer while helping parents to learn more about saving for their loved one's future college education."

For more information and the Official Sweepstakes Rules visit, www.misaves.com/library.

No purchase necessary. Void where prohibited. Entries must be postmarked by August 12, 2011, and received by August 19, 2011. Visit www.misaves.com/library for official rules and prize details. Sponsored by the Michigan Education Savings Program (MESP), the Michigan Education Trust (MET) and the Library of Michigan Foundation.

Consider the investment objectives, risks, charges and expenses before investing in the Michigan Education Savings Program. Please visit www.misaves.com for a Disclosure Booklet containing this and other information. Account value in the investment options is not guaranteed and will fluctuate based upon a number of factors, including general marketing conditions.

The Michigan Education Trust (MET) is provided by the Michigan Department of Treasury. MET is not managed by TIAA-CREF Tuition Financing, Inc.

TIAA-CREF Tuition Financing, Inc., MESP Program Manager              C49524

SOURCE Michigan Education Savings Program