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save for college – the smart, easy way
No matter how much or how little you can put away, the most important part is starting. Expecting a child, changing diapers or joining the ranks of soccer moms? Whatever stage you're at, we have tips that can get you saving right now. Even saving the cost of a latte a day can help you secure your child's future.
Upromise can help make saving simple:- Sign up for a college savings plan with tax benefits.[1]
- Discover smart financial and savings tips in our member Resource Center.
- Your earnings grow free from federal or state income tax.[2]
- You can start one for as little as $50 per month.
- Best of all, you can sweep your Upromise rewards into your participating 529 account in addition to adding your own money.
why start now?
It may seem like miles away right now, but college has a way of sneaking up on people. One way to be prepared is to start this minute. Our savings options make it easy to jump right in. Start now and you could see your college savings increase over time.
assumes savings of $4 per day[3]
join for free!
[1]The availability of tax or other benefits may depend on meeting other requirements.
[2]Earnings on non-qualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements.
[3]This hypothetical example assumes college begins at age 18 and is based on an 8% rate of return compounded monthly, and is for illustrative purposes only. It does not reflect an actual investment in any particular 529 plan or any taxes payable upon withdrawal.
