E127 – How to Create a 529 Plan

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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
●     mamafishsaves.com/choosing-best-529-plan

[10:56] Takeaways
●     The best way to save for college is to start early
●     Start a 529 plan

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