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Tag Archives: Mississippi Treasurer Lynn Fitch

Obama abandons plan to roll back tax-free status of 529 college savings plans

After a national backlash that included criticism from Mississippi Treasurer Lynn Fitch, President Obama has backed off a plan to tax the popular  529 college savings plans. The Washington Post reported Tuesday night that Obama abandoned the tax plan after a mountain of criticism from lawmakers and parents alike. The Post characterized the rollback as “a major political miscalculation”  in ...

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Federal shutdown could erase nearly 1 in 5 Mississippi paychecks

JACKSON, Mississippi – The state’s Gross Domestic Product could sustain a severe blow should the federal government shutdown go on for an extended time. Paychecks earned by federal workers made up 18.1 percent of Mississippi’s GDP in 2012, accordiong to the Bureau of Labor Statistics. The Magnolia State also has the fourth highest percentage – 22.1 percent – of federal ...

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2014 to bring new push for required financial literacy instruction

There’s always next year, says Mississippi Treasurer Lynn Fitch of her campaign to require financial literacy training in the state’s public schools. The effort gained easy passage in the House but failed to get a vote in the Senate, a circumstance she thinks could be related to a misconception that financial literacy is already widely taught in Mississippi schools. “Sen. ...

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Economic Challenge, Financial Literacy contests highlight April as Financial Literacy Month

  The Mississippi Council on Economic Education will observe April as Financial Literacy Month by bringing together high school students from across the state for the state Economics Challenge on Tuesday and the state Financial Literacy Challenge on Tuesday, April 23. Both Challenges will be at Millsaps College in the Leggette Center starting at 10 am and ending at 1 ...

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Treasurer’s student financial literacy bill up to Senate

  Mississippi Treasurer Lynn Fitch is halfway to her goal of initiating financial literacy requirements in the state’s public high schools. Her proposal, contained in House Bill 637, cleared the House Wednesday on an 118-1 vote. Similar support in the Senate would assure easy sailing for the measure. However, if the Senate does not act on its financial literacy bill ...

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