News & Press Releases
Edvest joins Military Makeover to promote the importance of saving for college
MADISON, Wis. (Dec. 3, 2019) — Edvest is excited to announce that it has joined with Military Makeover to award a $10,000 Edvest college savings account to a deserving Wisconsin veteran and his family. No taxpayer funds were used to fund the Edvest 529 account nor the Plan’s participation in Military Makeover.
Airing on the Lifetime Network and hosted by Emmy-winning talk-show host and veteran of both the Marine Corps and the Navy, Montel Williams, Military Makeover enlists conscientious designers, contractors, landscapers and other home improvement professionals to transform the homes and lives of military families across the country.
After being nominated by his family and friends, Strum resident and Iraq War veteran, Steven Wojcik was selected, along with his family, by Military Makeover to receive a full makeover of their home. In addition to the home makeover, the Wojcik’s spent some time with the Edvest team to discuss the importance of saving for college and how the family is saving for their three children.
“As veterans transition back into civilian life, they have a lot on their plate, including decisions on how to best plan for college or technical college for themselves or their family members,” said Kathy Blumenfeld, Secretary, Wisconsin Department of Financial Institutions. “Edvest is committed to working to help ease the burden by providing easy-to-use savings tools to help all veterans and their families achieve their goals.”
While the Wojcik family has been able to use Steven’s post 9/11 GI Bill benefits to pay for their oldest daughter’s education – expenses that fall outside of the bill or in excess of it need to be paid out of pocket. With one daughter currently enrolled at Chippewa Valley Technical College, and two younger daughters starting to plan for their post-high school education, Edvest wanted to start the family’s college savings efforts off on the right foot and was excited to present them with the $10,000 Edvest college savings account to help them along the way.
“It’s been great working with the Military Makeover team and getting to know a little more about the Wojcik family,” said Sec. Blumenfeld. “In honor of Sgt. Wojcik’s service and the sacrifice that he and his family made for our country, we are thrilled to give back and help kickstart their college savings.”
Edvest is a great tool to help Military families – and all Wisconsin residents – save for these expenses that fall outside the realm of GI Bill funding, scholarships, etc.