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. …

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.…

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. …

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…

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.…

September is College Savings Month, a great time for MEFA to host a seminar on how to make a plan to save for college and remind families of clever and unconventional ways to find extra funds.…

If you're getting a late start on saving for college, consider a college savings account, take advantage of college gifting, have your child contribute, adjust your strategy, and review your investment options. …

Steps including selecting a college savings program, deciding how much and how often to save, and getting family and friends involved. …

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. …

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. …