Blog
Learn about 529 plans and how they can enhance your child’s future.
How Do Employer-Sponsored 529 Plans Work?
What Is An Employer-Sponsored 529 Plan? Employer-sponsored 529 plans are tax-advantaged education savings accounts offered to employees through their workplace benefits program. 529 plans can help employees save for K-12 tuition, higher education, and trade...
How Employers Can Help With Student Loans
Student Debt is a Big Problem For The Entire Workforce It’s no secret. With student debt now totaling over $1.7T, it has become a massive problem for all Americans. The average 2020 graduate left school with over $30,000 in loans, and this number continues to grow...
Business News: Venture Nashville Post
SavvyFi recently made news over on Venture Nashville! Content from site quoted below: "FINTECH: Nashville's Savvy Financial Inc. (SavvyFi) filed in August for a $2MM raise they began in 2018, now showing $755MM in. Savvy was formed in 2017 by Jeffrey Hull and Steve...
Crowdfunding Gifts To Your Baby’s 529 College Fund
Crowdfunding and crowdsourcing have become more and more prominent in today’s society. Startups are using Kickstarter to crowdfund their initial investments. Many major companies crowdsource innovation by posting open challenges for the smartest folks in...
What Is A 529 Plan? Tax-Free College Savings Explained
Only 33% of U.S. parents are aware of 529 plans, according to an Edward Jones survey. This means that less than 33% actually understand what a 529 college savings plan is (as opposed to those that recognize it by name only), and even less have adopted one for...
Should You Pay Off Student Loans Or Save For…
The “Should I pay off my student loans or save for ___?” question has become much more important as of late. The average student loan debt for Class of 2019 graduates was $29,900. With the standard 10-year repayment term, this generally equates to a $300...
List of Qualified 529 Expenses
One of the major friction points for parents when deciding to enroll in a 529 college savings plan is the potential consequences of not using the funds for qualified higher education expenses. Having a list of qualified 529 expenses can help you navigate yet...
Grandparents vs. Parents: Who Should Own The 529 Plan?
Data shows that new parents are more motivated than ever before to save for their children’s college. However, there are a quite a few barriers keeping new parents from doing so. Finding the time to sort through all of the savings options is often not...
How to Ask for College Fund Money Instead of Gifts
Millennial parents are tired of their little ones getting “stuff.” There’s “stuff” all over the house – all over the floors – and more “stuff” is constantly coming in by thoughtful friends and relatives. Rocked by student loans from their own college degree,...