JACKSON, Miss. – State Treasurer David McRae announced today the state’s 529 program has rebranded to become Mississippi College and Career Savings. The name change better reflects the true capacity of the program, which can be used for traditional four-year colleges, as well as vocational programs, apprenticeships, and other career training. “For years, Mississippi’s college savings program has helped put … Read More
Busting Budget Myths!
As the State Treasurer, it is my job to be a good steward of Mississippi’s money and to responsibly manage our state’s budget, but I’m also asked to help expand financial wellness to others across our state as well. If you read my columns often, you’ll probably notice a trend. In nearly every piece I write about financial wellness, I … Read More
McRae Supports Ally, Boosts Taxpayer Returns with Israeli Bond Purchase
JACKSON, Miss. – State Treasurer David McRae announced today the purchase of $10 million worth of Israeli bonds, which provide a higher rate of return than many other financing options and offer much-needed support to a key U.S. ally. “While this investment comprises just a small fraction of Mississippi’s investment portfolio, its impact on our ally, Israel, is profound,” said … Read More
National Unclaimed Money Day – Do you celebrate?
If you scroll through Instagram, it seems as though there’s a “National Day” for almost anything: Houseplant Appreciation Day (Jan. 10), Scrabble Day (Apr. 13), Chocolate Chip Day (May 15), Hug Your Cat Day (Jun. 4), Left Handers Day (Aug. 13), and Clean Your Fridge Day (Nov. 15). Of course, there’s one day often left off the social media feeds: … Read More
How Are Your Resolutions Doing?
Some have denoted the second Friday in January as “Quitters Day,” the unofficial date when New Year’s resolutions get dropped. How are yours coming along? The funny thing is that most folks will do better on their New Year’s resolutions than they think. In fact, a Forbes Health poll explains the average resolution will actually last about 3.74 months. Sure, … Read More
Another Four Years of Service
This January 4, I was sworn in for a second term as your State Treasurer. It is an oath I do not take lightly as I put my hand upon the Bible and promise to “support the Constitution of the United States and the Constitution of Mississippi” while “faithfully discharge[ing] the duties of the office….” As I prepared to recite … Read More
Sworn In for Second Term as State Treasurer
JACKSON, Miss. – David McRae was sworn in for a second term as State Treasurer of Mississippi. “I am incredibly proud to serve another term as your State Treasurer,” said McRae. “Our team worked hard over the last four years to deliver real results to Mississippi. The state’s credit rating has grown stronger, companies chose our communities for investment, Mississippi’s … Read More
Rising Holiday Cheer… Or Prices?
The holidays are a joyous time, filled with love, laughter, family and friends. Nearly every home is illuminated with the scent of evergreen and baked goods. Our communities have an energy within them, bustling with the busyness of the Christmas season. Of course, it’s no secret that some of this holiday “magic” comes at a price – and with inflation, … Read More
Gifts That Keep on Giving
The holiday gift-giving season has arrived! As parents skim through their children’s wish list, I’m well aware that a college savings plan through College Savings Mississippi will be scribbled on very few. Nonetheless, if you’re a parent, grandparent, family friend, or acquaintance, I want to invite you to consider adding it to your shopping list. In just a few months’ … Read More
Need Extra Holiday Funds? Reclaim Your Money!
Nearly every Mississippian is feeling inflation’s impact – and it’s no wonder why. Since 2019, gas prices have increased from $2.63 to $3.99; the cost of a new car, $37,590 to $47,899; a carton of eggs, $1.39 to $2.07; Childcare, $9,687 to $10,853; a Big Mac, $4.71 to $5.58 – the list could go on. To put it simply: Mississippians … Read More