PLEASE TAKE NOTICE that the meeting of the Board of Trustees of Suffolk County Community College, scheduled for February 18, 2016, has been CANCELLED. PLEASE TAKE FURTHER NOTICE that this meeting has been RESCHEDULED for Monday, February 29, 2016 at 4:00 p.m. in the Alumni Room of the Brookhaven Gymnasium, Ammerman Campus, 533 College Road, Selden, New York.

529 Plan (New York Saves)

New York, like most states offers a 529 Plan which is designed to assist people in saving for college costs. The plan allows you to contribute funds to an account for a beneficiary for educational related expenses, including tuition and fees and certain room and board cost. The funds are managed by Vanguard, and the account owner can choose from a range of investment options.

There are numerous tax benefits available to plan participants. The earnings grow federally tax deferred. Qualified withdrawals are federally tax-free. New York State taxpayers may be eligible to deduct up to $5,000 in annual contributions ($10,000 for married filers) on their New Your State tax return. Additional information is available on their website at www.nysaves.org.