Parents, grandparents, and community members can all help a child realize their potential, by putting money aside for future education. Photo by Ketut Subiyanto
Every year May 29th (5/29) is celebrated as “529 Day.” It is a day to learn about the benefits of saving early for higher education for children, because a little savings can go a long way to building future dreams. Why “529 Day”? Because 529 College Savings Plans are named for Section 529 of the federal tax code. They are an easy way to save and invest for higher education, whereby anyone can set aside money for a child’s future education and watch that money grow tax-free.
Learn more at UW Madison – Division of Extension’s, Financial Education website: https://finances.extension.wisc.edu/