Disclosure: This is a sponsored post written by me on behalf of Florida Prepaid and the Florida 529 Savings Plan as a part of Bloggin’ Mamas. All comments and opinions are my own.
Every year around this time, my mind drifts to graduation. I mean, it’s hard not to, considering each day brings new pictures of wide-eyed graduates (ages preschool to med school) to the forefront of my social media feeds. And with each picture, I reflect a little on my own graduations. I relive the sights and sounds of those days, remember how accomplished I felt, recall how excited (or slightly scared) I was about the next step, and think about how thankful I was that my parents pushed me to higher education. And not only did they push me, they planned for me, because when I graduated from undergrad, I graduated without debt. My parents, through their planning, were able to give me the gift of undergraduate education. And let there be no doubt, it’s greatest gift that anyone has ever given me.
Now, as a parent myself, I want to give my children the same gift, because I know just how important it is to have an education. And I know that the very best way to do this is with a 529 Savings Plan. Named after section 529 of the Internal Revenue Code, these plans can be used for tuition, fees, books, supplies, and equipment required to study at any accredited college, university, or vocational school, and are the perfect supplement to the Florida Prepaid College program. The Florida 529 Savings Plan has been ranked among the best performing college savings plans and has over 36,000 active accounts with a mart value of more than $360 million, which is due in large part to the fact that they careful select and monitor the performance of each of their investment management firms. Best of all, they just lowered fees on several of their investment options.
So why am I talking to you about this today? Well, that’s easy – it’s National 529 Day! Yes, May 29 (the fifth month of the year is and the 29th day of the month) is National 529 Day. A day when we should all focus on graduations past, present, and future. A day to start planning and saving for the day when your kids will be walking across the stage. There is no better day than today to start a convenient Florida 529 Savings Plan, so you can give your children the gift of a debt-free undergraduate education.
Feel like you don’t have enough to start saving for college yet? Don’t get hung up on specific amounts! Florida Prepaid and the Florida 529 Savings Plan now have more options and more flexibility than ever before. They can be started at any time with as little as $25 and you can contribute as much and as often as you’d like to accommodate your budget and meet your goals. There are actually 11 investment options that will allow you invest how you feel comfortable. And when it comes time to use the funds, you can decide what qualified higher educational expense they will cover. The important thing is that you start saving, and today – National 529 Day – is the very best day to do that. It’s my goal is to give these kids debt-free education:
Sign up for a Florida 529 Savings Plan on the Florida Prepaid website today!
If you’re a parent, how do you save for your child’s college education? Do you have a 529 Savings Plan?
