Enter Now & Daily Through June 11th For Your Chance To Win The Florida 529 Savings Plan Scholarship Giveaway From Florida Prepaid
Talk about an exciting giveaway! Florida Prepaid is giving 10 Florida families $529 in a Florida 529 Savings Plan! You can read more about it below OR you can just hurry on over to the entry page to the giveaway by following this link>> Florida 529 Savings Plan Scholarship Program Giveaway
By the way, you can enter now and daily through June 11th, 2017. 10 lucky winners will receive a $529 scholarship deposited into a Florida 529 Savings Plan account. (Must be a Florida resident, 18 or over)
It’s June and it’s the last week of school for many of us Miami families. End of School means graduation celebrations are in order for little grads (like the ones graduating Kindergarten), medium sized grads (the ones graduating high school) and the fully cooked ones (the ones graduating from college). Now is also the perfect time to really think about how your family will start preparing your children for their college futures. It seems crazy that that little kindergarten grad will someday walk that larger stage but it will happen. Forget being mentally ready for that. You’re going to sob those big, wet sloppy tears- I know I did when my Amazing Step Daughters crossed their college stages- but I’m talking about being financially prepared for those college dreams.
That’s why Florida Prepaid is sponsoring this amazing giveaway for Florida families, to spread awareness about the importance of saving for college now and the importance of starting early. Florida 529 plans make it easy and offer lots of flexible options to make your child’s college dreams a reality.
More About The Florida 529 Savings Plan – offered by Florida Prepaid
The Florida 529 Savings Plan can be started at anytime and only requires a $25 initial deposit to open. Even if you can’t save for your child’s entire college education, starting something is always better than doing nothing. The funds in a Florida 529 Savings Plan can be used for any qualified higher educational expense, including tuition, room & board, textbooks, graduate school and much more. This gives you extreme flexibility to use the funds as you see fit, for whatever your child may need. And should those needs change during his/her college years, individuals are free to adjust as well.
The Florida 529 Savings Plan offers you the ultimate in flexibility. Simply choose from the investment options, then contribute as much and as often as you’d like to suit your budget and goals. Each investment option, such as our popular age-based option that automatically allocates contributions based on the age of the child, is independently run by professional investment managers. There are 11 investment options let you invest in any way you feel comfortable. From more aggressive to more conservative options, and with age-based and fully customized approaches, you have as much control as you want over how much you invest and where it’s invested. And as the years go by, you’re free to change contribution amounts and how they are allocated at any time.
See the Florida Prepaid website for more details.
What is a 529 Savings Plan?
529 savings plans are named after section 529 of the Internal Revenue Code 26 U.S.C. § 529 and are designed to encourage saving for future higher education expenses of a designated beneficiary. Many states offer 529 savings plan options, including Florida Prepaid.
Money from a 529 plan can be used for tuition, fees, books, supplies and equipment required for study at any accredited college, university or vocational school in the United States and at some foreign universities. The money can also be used for room and board, as long as the fund beneficiary is at least a half-time student. Off-campus housing costs are covered up to the allowance for room and board that the college includes in its cost of attendance for federal financial-aid purposes. Qualified education expenses do not include student loans and student loan interest. There is legislation currently going through Congress that will expand the qualified expenses.
For more information about how a Florida Prepaid College Plan can work for you and for your family, please be sure to visit: www.myfloridaprepaid.com
This post was sponsored by Florida Prepaid. Mommy Mafia is proud to be a Florida Prepaid Blog Ambassador.