Happy 529 College Savings Plan Day! - Today's Mama

Happy 529 College Savings Plan Day

Haven't started saving for your kids' college fund? Start today! It's the perfect time to find a 529 college savings plan!

Did that school year fly by? Your kids are a year older and what does that mean? College is right around the corner. Lucky for you - today is National 529 College Savings Plan Day!


If you haven't started saving for college, it's easy to get started. The College Saving Plans Network is a great way to learn about plans across the nation by state or by feature. Another great resource is AC Online College Savings Guidebook.

Don't let the research slow you down, here are a few steps to get you started

  • Use the Calculator
  • Open an Account
  • Start the Automatic Investments

I'm a little biased towards the Utah Education Savings Plan. They use Vanguard Mutual Funds which have some of the lowest fees out there. I signed up online in just minutes, about five minutes after my two-week old's social security number arrived in the mail. Then, the funds can grow both federal- and income-tax free.

Don't think you have any "extra" funds to put into savings? Why not invite Grandma or Grandpa or Aunt Tessa to make an initial deposit? The sooner you start, the more time you have to save.

More Posts

Teaching Financial Literacy for Kids

How to Teach Your Kids About Money

How To Teach Your Child How To Tie a Shoe

Note: These opinions are my own and I should probably also all the typical stuff about investing - Carefully consider all investment objectives, risks, charges, and expenses before investing. Savings Plans are not FDIC insured. Investments may lose value, et cetera. Basically, read your fine print on whatever plan you consider.


memorial day photo

Memorial Day Plans for 2011

Memorial Day is the start of the summer driving season, but with gas prices heading north of $4 a gallon, are you still planning on hitting the road? Where do you go when you pack up the family?