The U.Plan was the best choice for one family due to its many benefits, the school selection in Massachusetts, the ability to lock in tuition rates, the great customer service, and ease of use.…

This tax season, families should evaluate their family finances and consider increasing contributions toward your U.Fund or U.Plan account, or open an account to begin saving.…

Tips include learn about college savings programs, save, learn about the true cost of college, and start applying for scholarships…

MEFA reminds families that the holiday-giving season is the perfect opportunity to nudge family and friends toward contributing to a child's college savings account.…

Tips include using a dedicated college savings plan, scheduling automatic deposits, examining your savings yearly, including friends and family, taking advantage of programs like BabySteps, reexamining your savings with a job change, and continuing to save when your child enters college.…

With compound interest, your accrued interest will also accrue interest, further increasing the savings in your 529 account. This is a powerful tool that grows more powerful the longer you are investing, meaning you do best when you start earliest.…

Learn if 529 plans can be used for graduate school, what to do with funds remaining after graduation, if each beneficiary needs a separate account, the maximum you can contribute each year, how the account affects financial aid, how grandparent-owned accounts work, and more. …

Saving any amount for college is a positive because it will decrease the amount you need to borrow, will minimally impact financially aid, and will allow you to pay your college bill.…

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 …

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.…