Natalie Cordova Joins the Education Trust Board as Executive Director

For Immediate Release
Contact: Joanie Griffin
505.261.4444
jgriffin@sunny505.com

The New Mexico Education Trust Board, the state agency that administers New Mexico’s 529 College Savings Program, announced the appointment of Natalie Cordova, CPA as Executive Director. Cordova brings a strong background in internal controls and external auditing and overall financial analysis to the position.

Santa Fe, NM – March 7, 2022 – The New Mexico Education Trust Board, the state agency that administers New Mexico’s 529 College Savings Program, announced the appointment of Natalie Cordova, CPA as Executive Director. Cordova brings a strong background in internal controls and external auditing and overall financial analysis to the position.

Prior to joining the New Mexico Education Trust Board, Cordova served as Deputy State Auditor at the Office of the State Auditor and had previously served in various positions in the office in the Audit Division. In addition to her work with the Office of the State Auditor, Cordova has served as Chief Financial Officer for the New Mexico Office of the Attorney General and the Public Employees Retirement Association. In 2019 she was the recipient of the Financial Manager of the Year and Outstanding Member in Government by the Association of Government Accountants and the New Mexico Society of CPAs, respectively.

She received her Bachelor of Science Degrees in Accounting and Economics from New Mexico State University.

A 529 college savings plan is a tax-advantaged account designed to help pay for college expenses. Money in a 529 college savings plan has tax advantages, is professionally managed, and may benefit from the power of compounded growth. There are multiple investment options to choose from for contributions to the 529 plan and an account can be started at any time, with no minimum contribution.

The state of New Mexico sponsors two plans: a direct-sold plan, The Education Plan® and a financial professional-sold plan, Scholar’s Edge®

To learn more about the New Mexico 529 College Savings Program, visit nmetb.org.

 

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For more information about The Education Plan, call 1.877.337.5268 or view the Plan Description and Participation Agreement, which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before investing.

Please Note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. You also should consult a financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state’s 529 plan(s), or any other 529 plan, to learn more about those plan’s features, benefits and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

The Education Plan is administered by The Education Trust Board of New Mexico. Ascensus College Savings Recordkeeping Services, LLC, the Program Manager, and its affiliates, have overall responsibility for the day-today operations, including investment advisory, recordkeeping and administrative services. The Education Plan’s portfolios invest in: (i) mutual funds; (ii) exchange traded funds; and/or (iii) a funding agreement issued by New York Life. Investments in The Education Plan are not insured by the FDIC. Units of the portfolios are municipal securities and the value of units will vary with market conditions.

Investment returns will vary depending upon the performance of the portfolios you choose. You could lose all or a portion of your money by investing in The Education Plan depending on market conditions. Account owners assume all investment risks as well as responsibility for any federal and state tax consequences.

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The Education Plan® and The Education Plan® Logo are registered trademarks of The Education Trust Board of New Mexico used under license.

All other marks are the exclusive property of their respective owners.

Not FDIC-Insured. No Bank, State or Federal Guarantee. May Lose Value.