529 Plans

7 Types of College Savings Accounts

The idea of saving for college can be overwhelming. This is because when many parents think about saving, they (mistakenly) believe they need to put aside enough money to pay for 100 percent of college. In reality, most families use a combination of savings, financial aid, scholarships, and student loans to pay for college.

Beyond deciding how much you can afford to save each month, you also need to figure out where to save your money.

What is the NC 529 Plan?

save for college in North Carolina

It probably feels like just yesterday you were holding your newborn children in your arms, and you probably feel just as protective over them now as the day they were born. But are you protecting their future too? You won’t be able to take care of them forever, and that’s why now’s the time to start saving for their college education! A higher education will give your children the tools they need to be successful on their own.