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Smart Savers Blog

Creating a different future


Karen C | Alexandria

1997...I was 18 and starting my first year of college at Virginia Commonwealth University. I am a first generation American and an only child of parents who had less than a high school education level.  My parents were able to pay for my first semester tuition with the savings they earned as cooks. I should have been very proud and excited, was I...far from it. I was 7 months pregnant and hiding my pregnancy from my parents. Eventually, I dropped out of college, became a single mother and worked an entry level job.  When my daughter was 4 years old, my aunt told me about Virgina529. I remember her telling me “I know its tough now, but just a few hundred dollars each month will help her and you in the future.” I was hesitant and was afraid to commit to paying a bill for 14 years, though it was an felt like a bill. I realized by opening a Virginia529 savings account, it would secure a future for her. People always told me that the best years of their life were their college days, so many times after hearing that, I wish I could say “me too!” Thanks to the Virginia529 college savings account, my daughter will be able to enjoy the best years of her life and this is one thing I could give her that I wasn’t able to give to myself. It will turn her hopes and dreams into reality.

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.