529 plan

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It is well known that 529 plans are the best way to save for your child’s higher education expenses. 77% of parents who are saving for their child’s college expenses are using a 529 plan, according to the College Saving Survey by Savingforcollege.com. And with over 80% of parents wanting to pay for at least 50% of their student’s expenses, we all want to be prepared and start saving early. But what happens to your 529 savings if your child doesn’t go to college? Does a 529 plan make sense if…

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After welcoming our daughter into the world almost a year ago we have been looking into things we can do to set her up financially. In addition to improving our own financial wellness, we plan to do things to help her in the future. That brought us to researching 529 savings plans and their benefits. Here's what I learned. #529 #savingsplan #financialplanning #savingmoney Savings Plans, 529 Plan, Savings Plan, Financial Wellness, Frugal Living Tips, Blog Content, Financial Independence, A Year Ago, Frugal Living

After welcoming our daughter into the world almost a year ago we have been looking into things we can do to set her up financially. In addition to improving our own financial wellness, we plan to do things to help her in the future. That brought us to researching 529 savings plans and their benefits. Here's what I learned. #529 #savingsplan #financialplanning #savingmoney

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