La AhorraDora: How a 529 Plan Works

Hola! Soy AhorraDora! Can you say “Dinero para la Universidad”? 👩🏽‍🎓

Ahorradora’s parents know that this exploradora stuff might just be a phase. 🙆🏽‍♀️That’s why they set her up with a 529 plan so that Ahorradora will have dinero 💰to attend whatever school she wants without Swiper the fox 🦊swiping it away.

A 529 plan is a tax-advantaged savings plan specifically for la educación that offers tax and financial aid benefits.👏🏽👏🏽 👏🏽There are two types: prepaid tuition plans and education savings plans, pero no matter which one you choose, it’s like having a magical backpack 🎒full of dinero to help you get to graduation! Thanks Backpack!

And as you watch your hijit@ walk into college debt free🎓, you, along with Ahorradora, can shout: Lo hicimos! We did it! 🤝

What other college saving tips do you have for your hij@s?👇🏽