Tips # 29-30: Think about how often you want to contribute to your account
September 30, 2013 Tip # 29: You can move savings from one plan to anotherIf you are moving or wish to switch to another state’s 529 plan, the account owner […]
September 2013
Monthly Archives
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Tips # 27-28: When you save the interest is paid to you
September 29, 2013 Tip #27: Have complete security of your 529 accountSecurity is of the utmost importance when opening a college savings account. As an account owner you are in […]
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Aspirational Value of College Savings
By Patricia Roberts
Managing Director & Senior 529 Product Manager, AllianceBernstein L.P.
September 26, 2013Back to school season is a gentle reminder that the children in our lives are one year closer to college. Whether you’ve just recently walked hand in hand with your toddler into the first day of preschool, waved as your little one boarded a school bus for the very first time or offered an encouraging high five as an older child more independently headed off to middle school, there’s no time like now to develop a plan for what lies ahead. With a blink of an eye, not only will the children in your life have grown, but what they envision for their future will likely have evolved as well.
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Tip # 26: Alter your spending habits a small amount each week
September 26, 2013 Alter your spending habits a small amount each week to help your college savings account grow. For instance, the average US family spends more than $200/month eating […]
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Tips # 24 & 25
September 25, 2013 Tip # 24: Increase the chances of attending collegeOpening a 529 account will increase your chances of attending college. According to research, students who have a college […]
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Tips # 21-23
September 24, 2013 Tip #21 Open an online 529 accountAlthough it may seem like an insurmountable task, opening an online account is quick and painless, taking up about ten minutes […]
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Tips # 18-20
September 23, 2013Tip # 18: Saving is a better option than student loansThe average student loan debt is more than $27,000. Though low-interest loans are often available for college financing, […]
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Families continue to use 529 Plans to Save for Higher Education
By Hon. Michael L. Fitzgerald>State Treasurer, State of Iowa
September 18, 2013Data collected as part of our 2013 Mid-Year 529 Report indicates that families are increasingly using 529 plans to pay for their children’s college education. 529 plan assets reached record amounts as of June 30, 2013 with more than $205 billion invested nationally. This is a 7.98% increase during the first half of 2013.
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Tip # 17: Most 529 plans have low minimums
September 17, 2013If cost is a concern, it’s important to know that most plans have very low minimum monthly contribution limits making them attractive to families regardless of income level. […]
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Tip # 16: A financial advisor can help Days of College Savings
September 16, 2013 Hesitant to manage an account on your own? 529 plans are also offered through professional financial advisors who can help you choose a 529 plan and an […]