Jackson, MS – State Treasurer David McRae joined more than 100 organizations and elected officials to protect retirees from dangerous investment management practices. Addressed to Congress, the letter urges the U.S. House and Senate to stop retirement fund managers from engaging in Environmental, Social, and Governance (ESG) investment, if it would negatively impact retirees’ savings or expose them to additional risks. The … Read More

By: Treasurer David McRae What do you want to be when you grow up? We have all faced and been challenged by that question at one point or another. For our kids who are currently dreaming about future professions, many will answer, “doctor,” or “fireman,” or “policeman,” or even “President.” That’s the beauty of the next generation. They have boundless … Read More

By Treasurer David McRae Many of you have heard or seen me discussing unclaimed money since taking office as Mississippi’s Treasurer. Our team has made finding and returning our citizens’ money a top priority. For example, Treasury partnered with the Mississippi Department of Human Services (MDHS) to distribute unclaimed money belonging to individuals with past due child support to Mississippi … Read More

By Treasurer David McRae In the recently passed omnibus spending bill, Congress made some positive changes to the ABLE Act and to 529 education savings plans. Prior to 2014, Americans with disabilities were extremely limited in the ability to save and invest for the future. In fact, just $2,000 in savings could disqualify someone from receiving other essential benefits and … Read More

By Treasurer David McRae I want to wish everyone a very happy new year! Before we look forward to 2023 and beyond (which I’ll do in just a moment), I want to look back at the year that was because it was quite a year. Let me just run through a couple metrics for you. Since I assumed office in … Read More

By Treasurer David McRae The holiday season for my family is about the simple things. It’s about family above all else. It’s focused on time together, reflecting on the past year and the things we are grateful to have achieved. In my role as State Treasurer, there are a few significant achievements in 2022 for which I am thankful. This … Read More

Jackson, MS – The State Treasury and Mississippi Department of Human Services (MDHS) have teamed up to return $1.7 million in unclaimed money to families with unpaid child support. The return was completed through a match of past-due child support cases with the Treasury’s database of unclaimed money. This project is the result of SB2319, legislation sponsored by Senators Walter … Read More

The Office of the State Treasurer will accept sealed bids until 3:30 PM (CST), January 24, 2023, for the purpose of purchasing the following: Administrative and Management Services for the Mississippi Prepaid Affordable College Tuition Plan and the Mississippi Affordable College Savings Plan, RFx 3120002611. Detailed specifications may be obtained by contacting Theresa Abadie, Director of Administration, at 601.359.2523 , … Read More

By Treasurer David McRae Christmas is just about two weeks away, and many families are preparing to gather together for the holiday. Especially in today’s climate, it’s probably best to keep politics out of any table conversation, but what about money? Well, there might actually be a few good reasons to break that taboo. As conversations around money and politics … Read More

By Treasurer David McRae My kids have been assembling their Christmas lists for months now – race cars, art supplies, and (I’m afraid to say) makeup for my daughter top the list. But between grandparents, aunts and uncles, and friends, I’m sure even their lengthy lists will become exhausted soon enough. So, for those looking for an off-the-list, outside-the-box holiday … Read More