Blog
Learn about 529 plans and how they can enhance your child’s future.
List of “Eligible Expenses” for 529 Plans
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 eligible, or "qualified," higher education expenses. It’s no surprise, qualified expenses for 529 plan...
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,...
How Two Parents Asked For College Fund Money Instead of Birthday Gifts
These parents used the right wording and SavvyFi’s college savings app to ask for college fund money instead of gifts on their daughter’s first birthday...and received over $900! See how they pulled it off! Emma Is Turning 1! It was their...
What Happens to My 529 Plan If My Child Does Not Go to College?
You’re finally ready to start your child’s college fund. You’ve decided on the 529 plan as your account type, which is a pretty solid choice, but there is one last question you must answer before finally pulling the trigger: "What happens to my 529 plan if my...
How To Start A 529 Plan For Your Unborn Child
Today’s parents are starting their college funds much earlier than previous generations. In fact, a Vanguard study of its 529 plan account owners shows that the majority of today's parents open their baby's 529 college fund before they are born or shortly...