Skip to main content

Smart Savers Blog

10 Simple Tips for Funding a 529 Plan

Before you start putting money away for your child’s college savings in a 529 plan, consider a few budget-friendly ways to fund it without dramatically impacting your life.

These can be small decisions—like directing credit card rewards toward college savings—or something bigger. Patricia Roberts, author of Route 529: A Parent’s Guide to Saving for College and Career Training with 529 Plans, says her family saved by keeping the same car they had when her child was born until he went off to college.

“As long as it still ran well, there was no need to replace it,” she said.

You may not need or have to do something as dramatic to fund your child’s education. But try these tips to maximize college savings.

Read more at Forbes

Resources to help you learn

Frequently Asked Questions

Find answers to the most common questions about 529 plans.

Smart Savers Academy

Tune in to a live episode and ask questions of the presenter, or watch a previously recorded webinar below.

Invest529 Portfolio Performance

Review and compare historical returns of Invest529 portfolios.