Reasons include being busy, giving your savings time to grow, it will become part of your budget, your money will go toward your child's future, and your future self will thank you
…
By
Meredith Clement
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Learn the steps an aunt took to help open a U.Fund 529 account for her nephews so they could receive a $50 seed deposit from the BabySteps Savings Plan. …
By
Lisa Rooney
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529 plans offer tax benefits, have minimal impact on financial aid, and can be used for expanded qualified expenses. Saving in a 529 plan, no matter how close your child is to starting college, can help you take advantage of these benefits and prepare you to utilize a monthly college payment plan.…
By
Jonathan Hughes
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Learn what does and does not trigger tax paperwork for the U.Plan, including when you may receive a 1099-DIV or a 1099-OID. …
By
Jonathan Hughes
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Tips include making up the difference in the younger child's account, revisiting your budget, encouraging friends and family to contribute, and being fair with contributions…
By
Lisa Rooney
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Facts include 2 savings plans in Massachusetts, $0 in fees for saving in the U.Fund and U.Plan, 72 participating U.Plan schools, $10,000 eligible to use from a U.Fund for K-12 tuition expenses, and more.…
By
Meredith Clement
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Reasons to save include lowering college debt, small amounts adding up, tax deductions, and tax-free earnings.…
By
Meredith Clement
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Steps including selecting a college savings program, deciding how much and how often to save, and getting family and friends involved. …
By
Jonathan Hughes
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Learn if you have to be a Massachusetts resident to save with the U.Plan, how the U.Plan is considered when applying for financial aid, if Tuition Certificates are transferable, if family members can add to an account, and more. …
By
Meredith Clement
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Learn how to save for college, savings strategies, how to set up an account, how to transfer a balance, and what happens if you move states. …
By
Meredith Clement
|
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