Most parents know how important it is to save for college. It’s essential that parents start saving early and save often. Not thinking about the cost of college isn’t going to make it go away. What parents may not realize is that there’s a terrific way to save for school right in their own backyard. Of course, we’re talking about the 529 plan.
For those of you who aren’t in the know,
Payday should be more than a reminder on your calendar — it should be a national holiday. After all, can’t we celebrate the day that our hard work turns into cold hard cash in our bank accounts? Okay, that may be a little over the top, but you get the idea.
So, what about celebrating payday by allowing your paycheck to work for your family’s future? If you haven’t already set up a 529 college savings account,
Opening an education savings account, such as an NC 529, while your child is young has all sorts of benefits. One benefit is that it allows the account to build until it’s needed for education. Earnings grow tax-free if the beneficiary uses the money for “qualified education expenses.” That term may sound confusing, but it’s intentionally broad. This is because the fund can pay for many school-related costs, …
There is so much to think about when you send your child off to college. You thought ahead when you decided to open a 529 Plan. But before you start taking money out and writing checks to the school, you have some homework to do. Here are some things you need to know about 529 Plan withdrawals.
What are Qualified Expenses?
The money grows tax-free when used for qualified education expenses.
Starting kindergarten is a major milestone for every child! They may be riding a bus for the first time or anxious about making new friends. As parents, we want them to love school and enjoy every minute. Here are a few tips to help your child have a great year.
Get Back on a Good Sleep Schedule
Bedtimes may have slipped a little over the summer, but as the first day of school gets closer,
Future kindergartners and their parents had a blast at the first of two annual Kickoff to Kindergarten events that are sponsored by the North Carolina College Savings Program (NC 529 Plan). The first event was held June 21st at Marbles Kids Museum in Raleigh; the second is to be held on August 18th from 8AM – 5PM. The free event helped future students learn the ins and outs of navigating their first year of grade school.
