JEFFERSON CITY, Mo. (KFVS) - Missouri Treasurer Vivek Malek says his department will match the first $50 saved in new Missouri MOST 529 savings plans during May.

Malek says the $50 will only be matched for the first 800 accounts opened in May.

MOST 529 plans are education savings plans.

The accounts can be used to pay tuition for K-12 schools, apprenticeships, trade schools or colleges & universities.

The money can be used for expenses like books, room & board or computer equipment.

“A good education is one of the most vital ways you can contribute to your child’s development and future success into adulthood,” said Treasurer Malek.

For more information about MOST 529, including the ongoing May promotion, visit the Missouri MOST website or call 888-414-6678.