Assets in the NC 529® Plan reached a major milestone Friday, April 21, 2017, surpassing $2 billion.
North Carolina’s National College Savings Program, known as the NC 529 Plan, originally launched with a single investment option and transitioned $9.5 million in assets and 2,185 accounts to a multiple option format in 2001. The current NC 529 Plan, with 13 different investment options, now has a fund balance of just over $2 billion and 135,524 active accounts,
The NC 529 ® Plan Encourages Parents to Talk to Their Kids about Saving Money on April 28
April, 2017 (Raleigh, NC) – April 28 is National Teach Your Child to Save Day and the NC 529® Plan is encouraging parents to turn their tax refunds into a teaching tool.
According to a study out of the University of Cambridge,
One of the most common questions parents have about an NC 529® Plan is when should I set up an NC 529 Account? It’s a simple question with a straightforward answer — now! That’s because it’s never too early to start saving for your child’s higher education.
Here are a few reasons why you might want to enroll in the NC 529 Plan and create an account for your child today:
More time = More money saved.
New Year’s Resolutions are all about improving your life and making plans for a better future. Of course, we all want to be grateful, healthy, and good to those around us. The beginning of a New Year is also a great time to consider financial and future goals. If you, a child, or grandchild have college in the future, how about making saving for college one of your New Year’s resolutions for 2017?
As parents, we always want the best for our children. But in the busy eighteen years from birth through high school graduation, sometimes preparation for a child’s future higher education gets put on the back burner. Start saving for college to make the college and career years easier for you and your child. Here are some tips to help you on the way.
The US News and World Report recently featured a Durham, NC grandfather who is helping his family save for college. Instead of giving physical gifts during the holiday season, he is contributing money to his grandson’s college savings plan each year. And, he’s not alone. According to the article, 84% of parents would prefer that their children receive money for college in place of physical gifts during the holidays.