Deion Sanders Continues To Give Back

Deion Sanders Has Started 529 Accounts With $2121 Dollars In Them For The 8 Fathers On Colorado's Roster

Deion Sanders Continues to Give Back

Deion Sanders, the head football coach at the University of Colorado, has started 529 accounts with $2,121 in each one for the eight fathers on the Buffaloes roster.

Sanders' Commitment to Family

Sanders has been a vocal advocate for the importance of family throughout his career. He has often spoken about the challenges that he faced growing up without a father figure in his life.

The 529 accounts are a way for Sanders to help the fathers on his team provide a better future for their children.

The 529 Accounts

The 529 accounts are tax-advantaged savings plans that can be used to pay for college tuition, fees, and other qualified expenses.

The accounts are named after Section 529 of the Internal Revenue Code, which created the plans in 1996.

How the Accounts Will Help

The 529 accounts will help the fathers on Colorado's roster save for their children's college education.

• The accounts will grow tax-free.
• The earnings will be tax-free when used for qualified expenses.

The accounts will also help the fathers teach their children about the importance of saving and financial planning.

Sanders' Impact on Colorado

Sanders has had a major impact on the University of Colorado since he was hired in December 2020.

• He has led the Buffaloes to a 4-0 record this season.
• He has recruited a highly talented recruiting class.
• He has energized the fan base.

Sanders' commitment to family is just one example of his character and leadership.

Conclusion

Deion Sanders is a true role model for his players and for all young people. His commitment to family is an inspiration, and his 529 accounts will make a real difference in the lives of the eight fathers on Colorado's roster.