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    |
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. …
By Lauren Danz    |
Steps including selecting a college savings program, deciding how much and how often to save, and getting family and friends involved. …
By Jonathan Hughes    |
Learn how to print out a certificate when you contribute to a child's Massachusetts U.Fund 529 account to let the child know about your gift. …
By Meredith Clement    |
This holiday season, MEFA is encouraging gift-givers to consider contributing to a child's savings account in lieu of tangible gifts.…
By Lisa Rooney    |
Learn if it's ever too late to open a 529 account, if you can use 529 funds for daycare expenses, how to save with multiple children, how you withdraw 529 funds, how grandparent 529 accounts work, and more.…
By Meredith Clement    |
The U.Fund offers flexibility, can be used for qualified education expenses, and is invested in the market. The U.Plan offers peace of mind, can be used for tuition and mandatory fees, and is invested in bonds. …
By Jonathan Hughes    |
If you used funds from a 529 account to pay for these expenses, the deadline to deposit these funds back into a 529 account without paying income taxes on the funds has been extended.…
By Jonathan Hughes    |
We explain why it is still important to save for college if you have the ability to do so, how the market has reacted in the past to similar situations, and other ways to save for college that are not subject to market fluctuation. …
By Jonathan Hughes    |
Tips from our partners include creative ideas that can help your child earn money, gardening tips, ideas on how to save during back-to-school season, tips on encouraging college gifting from family and friends, and inexpensive ways to spend time with family. …
By Meredith Clement    |