In our generation today, saving money seems hard especially for our kids’ future education expenses.
Katie helps us undertand how starting a 529 plan works.
[4:8] What is a 529 plan
● A 529 plan is an education savings plan sponsored by a state or state agency
● 529 plans can be used to pay for college costs
[8:20] Best option for you
● You have the option to use other states’ 529 plan
● Do some research online so you can get the best deals at a lower fee
[9:55] 529 plan calculator
● There are tons of 529 plan calculators when you search on Google
● The best way to save for college is to start early
● Start a 529 plan