McRae: Modernizing Your Treasury

Brittany CominsNewsroom

By Treasurer David McRae I came into the role of Mississippi Treasurer with the intention of making state government work a little more like a business – and from Day One, we got to work doing exactly that. Internally, we made simple technology upgrades (such as laptops instead of desktop computers) that allow our team to be more mobile and … Read More

College Savings Mississippi Launches Free, Integrated Prepaid Debit Card Program for MACS Account Holders

Brittany CominsNewsroom

Jackson, MS – Treasurer David McRae today announced that Mississippi Affordable College Savings (MACS) account holders now have access to a free, integrated prepaid debit card program, making it easier than ever to use the account for qualified education expenses. “We are excited about providing a seamless and safe payment method at no cost to our Mississippi students or their … Read More

McRae: Financial Hacks for Parents

Brittany CominsNewsroom

By Treasurer David McRae Use a cupcake liner to catch melting ice pop dribble. Put heavy-weight tape on a toy’s speakers to dull the sound. Secure a fitted sheet with a cooler, a chair or other items while at the beach to create a make-shift pack-and-play that keeps the sand out. The internet is filled with life hacks for parents, … Read More

McRae: Spring Forward in Savings

Brittany CominsNewsroom

By Treasurer David McRae Spring has bloomed here in Mississippi. The temperature has warmed. Buds have exploded into blossoms. And pollen… Well, the pollen has seemingly caked every outdoor surface. With the changes occurring outside our windows comes a changing of seasons within many of our homes, as our children prepare to advance a grade or even leave the nest … Read More

McRae: Protecting Our Food Security

Brittany CominsNewsroom

By Treasurer David McRae This month, the nation celebrated National Agriculture Day, a time set aside to commemorate those who grow the food that feeds and fuels our families. Of course, in Mississippi, we understand that agriculture does a lot more than that. Beyond sustaining our communities, Mississippi producers allow us to wield soft power among our foreign allies. In … Read More

McRae: Mr. President: It’s time to live within our means

Brittany CominsNewsroom

By Treasurer David McRae In Mississippi, we live within our means, we create a healthy rainy day fund to protect us from inevitable economic ebbs, and we pay our bills on time. As a result, creditors have awarded us with advantageous financing and strong credit ratings. This is how a fiscally responsible government is supposed to operate. It is not, … Read More

McRae: Tax-Exempt Bonds Are Essential for Rebuilding American Infrastructure

Brittany CominsNewsroom

By Treasurer David McRae The Tax Cuts and Jobs Act of 2017 under President Trump was largely responsible for the growing economy and increasing wages we experienced in America before the pandemic changed everything in 2020. While the changes the law enacted were enormously beneficial, and I hope Congress will make the law permanent, it contained one provision Congress should … Read More

McRae: Unclaimed Savings Bond Act Will Unleash Billions for Americans

Brittany CominsNewsroom

By Treasurer David McRae Last year the Unclaimed Savings Bond Act became law as part of the annual federal funding bill. This will help Americans claim over $29 billion in matured, unredeemed savings bonds currently held by the U.S. Treasury, including an estimated $215 million belonging to Mississippians. Matured bonds are those that are no longer earning interest. U.S. Savings … Read More

McRae: Stop the Ideological Embezzling of Retirement Accounts

Brittany CominsNewsroom

By Treasurer David McRae If you’ve read my column before, you’ve likely heard me talk about the importance of maxing out any match your employer offers when it comes to your 401(k). I’ve given many reasons for this: Social Security simply won’t be enough to pay all your retirement bills, it’s essentially free money from your employer, and compound interest … Read More