School Districts Can Help Families Save Money on School Supplies

Back-to-school spending can be very expensive for New York families. The good news is that school districts can explore alternatives and replicate best practices that could save families millions on school supplies according to a report released by Comptroller DiNapoli. These are tough times. School districts should be looking for ways to lower back-to-school costs for students and their families. Read More.

New York's College Savings Plan Lowers Costs

On August 30, Comptroller DiNapoli announced a significant expense reduction in the State’s 529 College Savings Program Direct Plan, providing New Yorkers with one of the lowest cost college savings plans in the country. The Direct Plan's total annual asset-based fee is nearly cut in half, declining from 0.49 percent to 0.25 percent, across the plan’s entire lineup of Vanguard investment options. This reduction, effective August 29, 2010, could result in savings of nearly $20 million dollars annually for plan participants. Read More.

Welcome to Your Money New York, part of a multi-faceted initiative at the Office of the State Comptroller to promote financial knowledge and education. This program is designed to give New Yorkers the information and tools they need to face the broad variety of money-related issues that may arise over the course of their lives -- whether it is getting out of debt, looking for a job, saving for college or retirement, or buying a car or home.

These are difficult economic times. Confidence in our financial system has been shaken. Fewer employers are offering traditional pension plans with guaranteed retirement income. Scams and frauds designed to separate you from your hard-earned money are on the rise. These things contribute to making our financial lives more complex, and make it more important than ever that we take steps to protect ourselves and secure our future.

New Yorkers need access to useful and reliable financial information. The goal of Your Money New York is to serve as a centralized, coordinated access point for this information, and to connect you with programs and resources to meet whatever financial challenges you may be facing. Please consider Your Money New York as your partner in pursuing your financial goals. Working together, we can make a strong, bright economic future a reality for all New Yorkers.

For the most up-to-date information from Comptroller Thomas P. DiNapoli, please visit the Office of the State Comptroller's Newsroom.

Comptroller DiNapoli has launched an online claims system to make it easier for New Yorkers to recover money held by the State. The improved website will help many New Yorkers claim their funds in six easy steps. See if you are owed some of New York's $9.9 billion in Unclaimed Funds at events statewide.

New York's 529 College Savings Program Direct Plan representatives are available to talk about investing for college at College Savings Events across the State.