Tomorrow is the last day of school for us. That means that as of tomorrow at noon I officially have a third grader and a 1st grader. Forgive the cliche, but where does the time go? Seriously, where does it go? It wasn’t that long ago that I was dropping them off at daycare. Everything seems to be moving just a little too fast if you ask me. Because soon they’ll be in 4th, then 5th, then middle school, and high school won’t be far behind. Before you know it, we’ll be talking about college. The days may be long, but the years seem to fly by. Which is why we’re planning for their college now.
As a Florida Prepaid Ambassador for the last year, I know you’ve heard me share all the perks of enrolling in one of their College or University Plans, but what you may not have heard are the benefits of 529 Savings Plans. And trust me, 529 Plans have some serious perks. For example, they can be used on books, tuition, living expenses, or any combination of qualified higher education expenses. And unlike Florida Prepaid College and University Plans you can start any time (no need to wait for open enrollment!) and save for any amount of time in amounts that you choose. Even better, the 11 investment options let you invest in any way you feel comfortable. There are more aggressive and more conservative options, along with age-based and fully customized approaches, so you have as much control as you want over how much you invest and where it’s invested. But above all else, my favorite thing about the 529 Savings Plan is that you can transfer the money to an eligible family member of the child in the event that it isn’t used. If my older daughter gets a scholarship and doesn’t need the money in her 529, it can be transferred to her sister and brother for their education.
All of my kids have 529 Plans and I’d love for your kids to have them too, which is why I wanted to share with you that Florida Prepaid is giving away $529 in a Florida 529 Savings Plan! That’s right they’re not only going to open a 529 for you, they’re going to put $529 in it for you! And there’s not just going to be one lucky winner there will be TEN winners!
To learn more about this amazing giveaway and enter to win, check out the Florida Prepaid website.