After Tom and Lacy Riegert welcomed their twins Aubree and Paige into the world, they knew they wanted to set them up for a successful future. They immediately looked into options that would allow them to easily and securely save money and decided on opening an NC 529 Account.

The NC 529 Plan is North Carolina’s tax-advantaged investment program designed to help families invest and save for future education expenses. Through the program, parents and caregivers can use funds to pay qualified expenses, including two- and four-year universities, K-12 tuition, trade schools, apprenticeship expenses, special needs equipment and student loan payments.

For the Reigerts, the NC 529 was the perfect option for putting aside money for their daughter’s future college tuition.

“We set up NC 529 Accounts for the girls’ Christening,” said Lacy Riegert. “If people gave us money as a gift, it went directly into the accounts. Now, when the girls receive money for a birthday or holiday, we let them buy something small and put the rest into their NC 529 Accounts. We tell them that we’re saving the money for college, so they know this is an important goal for our family.”

Now, Aubree and Paige are 4 years olds, and while there’s still some ways to go until they are in college, the Riegerts know they’ve set them on the trajectory for a future that can be free of debt.

“Saving for college is very important to me because I didn’t finish paying off my college debt until I was 35,” said Lacy. “We always encourage family and friends to save, save, save!”

To open an NC 529 Account, we’ve laid out all the important details to help your family get started!

How to Open an NC 529 Account

Parents, caregivers, guardians, relatives, friends, and even organizations can open an account for a child’s education but must be 18 years of age or older. Those interested can go to NC 529's website and create an account, which is free of enrollment fees and sales charges. All that’s required is a minimum contribution of $25.

To complete the NC 529 enrollment form, however, participants must provide their Social Security Number or Taxpayer Identification Number, birth date, address and email address. It’s also important to have the name and birth date of the beneficiary, while the beneficiary’s Social Security Number can be added later.

Through the NC 529 Savings Plan, families can select from a variety of investment options that’ll meet their objectives and a range of strategies depending on their risk tolerance, whether it be conservative, moderate or aggressive. Over time, the investments will continue to grow, with the earnings free from federal and state income tax when withdrawn and used for Qualified Education Expenses (QEE).

Some QEE’s include tuition, fees and other related expense that are required for enrollment or attendance at an educational institution as well as student activity fees that are required for enrollment or attendance at a school. QEEs also encompass other education costs, including K-12 tuition, apprenticeship programs, trade school expenses, and student loan payments. 

How to Make Contributions to Your NC 529 Account

After opening an NC 529 Account, parents can make contributions as low as $25 by electronic transfer online or sending a check payable to “NC 529 Plan” with a downloadable contribution form. Pro tip: Family and friends can use these forms to make a contribution for birthdays or holidays–a win-win for you and your family.

Contributions can also be made through an electronic bank transfer, employer payroll deduction, investment account rollover or transfer. If adjustments need to be made for automatic contribution payments, you can adjust or cancel them through your account.

For more information about the NC 529 Education Savings Plan, visit CFNC.org/NC529. Want to get a headstart on your newly opened account? Enter to win the 2022 NC 529 Grand Slam now through May 31 for a chance at a $1,529 contribution towards your NC 529 Account!

Kids have lots of questions about the world around them—especially as they bear witness to a pandemic and a historical economic downturn. It’s hard enough to juggle working from home while managing snack time and overseeing Zoom classes, but this unexpected together time can be a good opportunity to teach kids important life lessons. Maybe even some lessons we wish we learned earlier in life, ourselves.

Here’s how to make sure you’re financially stable and teach your kids money lessons, from year one to 10.

The First Year: Think Long Term

When your child is born, your attention is probably absorbed by swaddles and sleep timers, and stroller attachments. But now’s actually a great time to apply for term life insurance, if you haven’t already, and to start thinking about a college savings plan. Taking care of these things now means you can feel more secure sooner—and get back to cuddling that little mushball.

1-Year-Olds: Look for Reward Points 

At one year, babies expand their nutritional requirements. If you’re looking to further optimize your grocery budget, consider looking into credit cards with reward points at the grocery store you shop at. Even small amounts can add up over time.

2-Year-Olds: Have the Money Talk & Have It Regularly

It’s important to stay on the same page with your partner when it comes to your family’s finances. And with the kids always around these days, it’s a good opportunity to explain that you and your spouse talk regularly about your finances, your values, and what’s most important for your family.

3-Year-Olds: Create (or Update) Your Will

The first few years of your child’s life have been busy. We get it. But a last will and testament gives you the chance to state who should look after your kids if something were to happen to you. With Fabric, you can create a will online or via the app in minutes, learn how to make it legally binding and share it with your partner.

4-Year-Olds: Start Thinking about Allowance

The right amount varies by family, but a ballpark might be $1 per age (meaning $4 for a 4-year-old) each week. The goal of allowance at this stage is just to get your child used to basic concepts around how money works, understanding the importance of saving—and delayed gratification.

5-Year-Olds: Explain ‘Wants’ vs. ‘Needs’

While you’re online shopping, especially during the upcoming holiday season, pause to discuss whether purchases are wants or needs. Explain why you’ve decided to buy certain items. It’s also a good idea to make it clear that your child’s allowance should go toward purchasing “wants,” while you’ll still cover the family’s “needs.”

6-Year-Olds: Make Money More Visible

To help jumpstart your kids’ financial literacy, next time you take your credit card out or start to pay bills online, pause. Call your child over to explain what you’re doing and how it affects your family’s finances.

7-Year-Olds: Share Household Responsibilities

Your 7-year-old is capable of completing some household chores. Assigning little tasks will lighten your load, prepare them to be a responsible adult and teach them that life requires hard work.

8-Year-Olds: Talk about the Cost of Extracurriculars

At 8, children often begin to exhibit unique interests and talents. Start teaching your child to think critically about spending by explaining how you’ll be budgeting, comparison shopping and weighing cost-benefit trade-offs for those fun activities.

9-Year-Olds: Discuss Equality

By 9, kids are noticing the differences between how people live. Use your child’s observations as an opportunity to discuss money, especially given the uneven impact of this recession. Consider finding a charitable cause for your family to donate money and/or time to, demonstrating that while inequality is unfair, we can do our part to combat it.

10-Year-Olds: Check-in on Your Rainy Day Fund

As of late 2019, almost 40% of US adults would not be able to cover an unexpected expense of $400 without taking on debt. Take the opportunity to ensure you have enough liquid savings to cover at least three to six months of expenses; if you don’t, set a goal to get there. Without scaring your child, explain that even in the best of times it’s important to have a rainy day fund in case of a financial emergency like job loss or a health crisis like Coronavirus.

Allison Kade is Fabric’s Millennial Money Expert. She has written about parenting, money, travel, careers, and time management, for publications like Bloomberg, Forbes, The Today Show, Business Insider, The Huffington Post, and more. She is also a Pushcart Prize-nominated fiction writer. Follow her on Twitter @amkade.

Photo: Photo by Julie Johnson via Unsplash

As a new parent, the list of to-dos seems endless and, let’s face it, daunting. From babyproofing the house to building your own infant pharmacy, tackling bigger-picture necessities like your finances may seem like the last thing you’re ready to take on. But it’s never too early to start planning for financial goals and expenses, especially when you’re expanding your family. As overwhelming as it may seem now, you’ll thank yourself in the future if you tackle a few financial necessities as soon as possible.

1. Invest in Life Insurance

Your family is just beginning, so why focus on passing away? Life insurance is one of those tricky topics. No one wants to think about dying unexpectedly, but the unfortunate truth is that it’s still better to prepare for the worst and hope for the best. Life insurance isn’t about betting against yourself—it’s about helping ensure your family has financial security should something happen to you.

What many people don’t realize is that the lower your risk of death, the lower the cost of life insurance. Purchasing a life insurance policy when you’re in your 30s can be half as much as purchasing one when you’re in your 50s. In fact, a policy can be as little as $9 per month in your 30s versus $20 per month in your 50s.

Additionally, the younger you are and the fewer assets you have, the more you benefit from life insurance. For example, if you’re in your early 30s, you may not reach your peak earning years until your 40s. You might also be paying off student loan debt and a mortgage. Life insurance helps replace that income so your family can maintain their lifest‌yle.

There are two types of life insurance, and it’s important to understand the differences:

  1. Permanent policies come in the form of whole life and universal life insurance and are designed to remain in place for the entirety of your life.
  2. Term life policies are purchased to cover select periods of time, usually in increments of 10 years. While premiums are typically lower, term life policies don’t offer you the ability to build cash value.

Speak with a financial representative to determine which type of policy best suits your family’s needs.

2. Adjust Your Budget

Part of the initiation process in becoming a parent is hearing from at least half a dozen friends how much it costs to raise a child. NerdWallet estimates costs over $250,000 for raising a child until they’re 18 years old. This calls for a new family budget.

When adjusting your budget, evaluate all new expenses. Determine your recurring costs for healthcare coverage, childcare, college savings (let’s tackle that next) and everyday costs for supplies like diapers, clothing and food. These will impact your monthly budget for the next few years and may adjust in the future. Do you need to cut back in other areas of your budget, or do you have other sources of income to make up for these new expenses?

If you’re preparing to welcome a new baby to the family, you’ll want to budget for up-front, one-time costs. Some of the bigger-ticket items can include a safer or more child-friendly vehicle. Some families also need to transform a former office or guest room into a nursery and purchase new furniture.

If you struggle to build or maintain a budget, consider using a budgeting app. One of the most popular is Mint, which syncs to your bank accounts and tracks all your incoming and outgoing money. Organize expenses by category so you can see where you spend the most and least and adjust your budget as needed.

3. Start Saving for College

You’re likely thinking, “Isn’t my kid at least 17 years away from college?” Yes, but as you may remember from your own experience, college is expensive. A ValuePenguin study found that public, in-state colleges cost an average of $20,770 per year (for tuition, fees and room and board) and private colleges an average of $46,950. Multiply that by four and you’re looking at more than $80,000.

Too often, parents make the mistake of waiting to save for college until their child is in high school. Rather than try to save as much as possible in a few years, it’s much less taxing on your wallet if you spread it out—save a little each month and factor the cost into your monthly budget from year one.

Now is the time to speak with a financial representative and research your college savings options. Beyond traditional savings accounts, many families choose to invest in a 529 plan, which is a tax-advantaged savings plan designed specifically for saving for future education costs. The great thing about 529 plans is that you can use the savings for K-12 tuition if unexpected costs come up or you decide to send your child to a private high school. A financial advisor can help you identify an appropriate plan and savings goals based on current finances.

As many new parents quickly learn, a little preparation can save you a lot of stress in the future. Start tackling these three essential financial steps by researching your life insurance and college savings options and dusting off your budget. You’ll feel like a champ parent, and you can focus on the beautiful years of raising a family.

Kendra is a writer for Eligibility.com who loves healthy living, the outdoors, and obsessing over plants. When she isn’t writing, Kendra can be found exploring the mountains with her puppy or curled up at home with a good book.

Parenthood is full of surprises for which you can never be properly prepared. There is no way to anticipate how you will handle the intensive lack of sleep, the joys of bodily fluids, and the constant question of how your baby knows if you are standing or sitting (somehow they can tell the difference!).

And though you may learn to keep the remote in your pocket and never to be caught without wipes, one thing that it is particularly difficult to prepare for is the financial part of parenthood.

Fairly few people are actually ready for the costs associated with aspects of life with a child. From daycare, diapers and formula to car seats and strollers to the latest plastic must-have, it is crucial to find time to think about your financial future and what can be done to make sure that your child will have security.

Below are some critical savings tips for parents that point out important strategies to work on in order to feel comfortable that you are making the right choices for your family when it comes to money.

  1. Put it aside for a rainy season: Obviously, this is easier said than done, but the usual financial suggestion is to build up 6-9 months worth of what they term essential expenses as a savings buffer against unexpected. Basically, this means enough for your monthly bills, gas, and groceries for that amount of time. Loss of a job or unexpected tragic circumstances might sideline you and now that you have kids, you have to be responsible for something like that.

  2. Pay the high-interest debts down: Now that you have to start adulting for another little human, it’s time to put your financial affairs in order. Ranking debts in order of interest rate is a great place to start. Financial advisors say, pay down high-interest loans first before worrying about other debts. Also, you may think you need to be out of debt completely to start investing, but many say it is a good idea to begin investing even with some low-interest loans like student loans still outstanding. Compound interest derived from your investments will help you build wealth and pay down your low-interest debts.

  3. There’s no scholarship for retirement: It’s similar to the instruction for when you are flying with little ones: Adjust your own oxygen mask before securing the ones for your children. While it may be tempting to spend your 401k money on a college fund, financial advisors agree, it’s more important to save for own retirement than for your child’s education. Think of it this way, your own financial future is your child’s as well. After all, if you’re not secure in retirement, who do you think you will have to lean on? And while your child may be able to get scholarships to college, you won’t have that luxury in your senior years. If your work does not offer a 401k, consider monthly payments to a Roth IRA or traditional IRA where you can build interest pre-tax. Savings for retirement ideally should equal about 15% of your annual income but the most important thing is to make sure that you are getting the best match from an employer if they offer one. Then try to find a way to increase your percentages as time goes on in your job.

  4. Life insurance is worth the investment: It’s unpleasant, and some feel a little morbid, to consider what would happen to your family financially in the case of your death, but having a family means having some uncomfortable conversations. Thinking about the repercussions on your family should you die is something you have to face head-on. Whatever life insurance policy you can afford will provide some peace of mind as well as potential stability. The cost of coverage grows as you get older, so start with this expense as young as you can and make sure you are prepared for it to go up slightly over time. Often, employers will offer low life insurance rates as part of your benefits package so make sure you take advantage.

  5. Save on childcare: If you don’t know about the Child Care tax credit or the Dependent Care Flexible savings account (FSA) you need to do the research. The Child Care Tax Credit can help you earn 25-35% in savings from qualifying care costs up to $3,000 annually for one child or $6,000 for more than one. The Dependent Care FSA is an account set up by an employer that allows you to set up pre-tax funds in an account that goes to qualifying childcare expenses. Currently, you can put aside $5,000 annually, pre-tax, per household. Don’t let childcare costs overwhelm you—get what you can from these credits.

  6. The children are the future: Once you have secured your retirement plan, then you can turn your attention to investing in your child’s education. A 529 college savings plan offers tax-free growth and some of the funds can be used for qualifying education expenses, even before college.

These six tips are smart ways to look forward financially, but obviously, everything here is contingent on you having the means to go forward with a plan. Don’t feel overwhelmed by these ideas or think you have to employ all of them simultaneously.

Whatever you can do to connect a current plan to a more stable future will be worth your attention. Try to block out a specific amount of time (one evening?) every month to think about budgets and financial matters. It might not be the most fun, but it will give you peace of mind for the rest of the month. That way, when you are playing with your children, you won’t have to constantly wonder what your next financial step might be.

 

Sierra Skelly is a creative writer and marketer from San Diego. She loves making personal finance and career content fun. When she isn't writing for companies like Haven Life, you can find her reading at the beach or hiking.

 

If your family is planning for a third baby (yay!) there are many things that parents can do to help get ready to bring home their third baby.

1. Tell the Family: Consider how you will tell your children that a baby is on the way. Wow, this is so exciting! Your children may be very aware of Mommy’s growing belly or maybe completely oblivious. Or, you may not even have a noticeable bump yet but may want to prepare the kids because you may be feeling ill, tired, and unable to hold them in your arms as much any longer. Or, you are just SO excited that you want to share the news right away. Just be prepared, once the kids know, there is a chance they could spill the beans!

There are so many fun things that you can do to share the news. Sharing your ultrasound photos to give them the news is just perfect. You can also do something fun like a treasure hunt, give them a baby book or balloons, wrap a gift for them with baby items, or include the kids in your gender reveal. Whatever it is, of course, you will want to take photos to remember when your older ones learned that they will have another sibling! Life is about to change for them.

2. Teach Independence Early: I was very sure that I was not going to be dressing all three children each morning to get out of the house. Our mornings are stressful enough. There are many things that one can do to teach their children some independence and also make parenting life so much easier. Dressing themselves including shoes and socks, brushing teeth, wiping after potty and washing hands (making good habits), and buckling their car seats properly are a few things we tackled first. Also, our boys know how to clean up their toys every night before bed and clear the table after dinner. This doesn’t all come naturally to young kiddos but reminders help get them into the habit.

I had to play games, “Who can get dressed the quickest?” or “Ok, Speedracers, who is all buckled and ready to go?” Sure we help with brushing their teeth and wiping after they use the bathroom but they are in the habit of doing many things for themselves. Also, we give a few easy chores such as feeding the dog, taking their laundry to the laundry room, and sometimes helping with (very) light cleaning.

3. Three Carseats in a Car: Do three car seats fit in your vehicle? Many vehicles can allow three car seats into the backseat bench but not all. Also, some vehicles that fit three car seats can make buckling seat belts an issue. Be sure to test it out. Secure your infant car seat with the current car seats that you are using for your two children and give it a test. If they do not fit, you may have to consider a new vehicle. Also, if your older children are four years old or older and over 40 pounds, it may be time for booster seats which can save some room.

4. Finances: I know, I know, our least favorite topic. Just as you did for your others, preparing for maternity leave and saving money is extremely important. For my third child, the University where I work had a new policy and covered six weeks of parental leave and I had saved for a whole year to have 30 PTO days, giving me 12 weeks total. But my first two maternity leaves, there were many weeks without paychecks.

It is important to remember that if you are not receiving a paycheck, and you are carrying the insurance and medical benefits for your family, and contributing to your 401K or savings plan, you still need to pay for these things monthly.  Make a list of all of the items that typically come out of your paycheck and account for them, knowing you will have to cover these costs for your estimated number of weeks.

Saving is so important because remember there are hospital bills, doctor bills, and then, of course, you will be paying for your childcare as soon as you return to work before receiving paychecks again. (Do we ever get a break?!) The best advice I can give? Save, save, save.

5. Save and Reuse Items: Clothing, crib, highchair, car seats, strollers, sheets, pack-n-play, diaper bag- all of it. Save it all. Hopefully, you registered for or bought all gender-neutral items from the beginning, or by chance, you are like me and have three of a kind. Either way, I was grateful to have a neutral car seat, stroller, blankets, highchair, and even nursery décor just in case I ever had a girl. We moved when our older boys were 2 and 4 years old. At the time, we never knew if we would have a third but knowing the significant expense of all of these items, we moved them all with us and kept them in the basement stored away until we needed them again.

6. The Nursery: Your nursery may have been through two children and is already set and ready to go for the next baby to come along. (Yay!) Or, you may have some improvements, updates, or fixes to make before the new baby arrives. It may be fun to keep the older children involved as you prepare. They can help you wash and put away infant clothes, stock up on the diapers, prepare the changing table, and crib and set up the baby swing or play yard. This can get the older siblings excited and anticipate what is ahead of them. Your first may have been very young when their sibling came along and so they don’t remember these steps of preparation very well. You second can get excited that they are no longer the baby!

Here are some favorite books that helped us prepare.

Congratulations if you are considering or anticipating your third child. We have loved every moment of watching our baby boy grow up from an infant to a toddler with his big brothers helping out every step of the way. Hopefully, this short list can help a bit as you and your family expect and welcome baby #3!

This post originally appeared on www.lifeloveandlittleboys.com.

Located in Bloomington, Indiana I am a wife, full-time working Mom to 3 boys, a part-time graduate student & a writer. I am also an optimist, problem solver, peacemaker, gardener, runner and a crazy-busy mom just trying to enjoy each moment. I truly value my friends, family and my mommy tribe.

When raising a family, we do our best to ensure their health, happiness, safety, and security. We strive to provide them with all of the skills, resources, and opportunities they need to grow up to lead a happy, successful, and fullfilling life. In doing this, every mom needs to know how to save for college, which is a very expensive commitment.  The best approach is to start early, as the power of compounding over time is powerful, and was called the eighth wonder of the world by Albert Einstein.

Here are ways to reduce the financial worry, ensure your family’s ability to afford the cost of the degree, and start successfully saving for your child’s future. 

Enroll in a 529 plan. One of the best ways to save for college for your child is a college savings 529 plan. These state sponsored higher education savings accounts grow tax-free if the rules are followed. Each state determines the maximum contributions, eligible investments, and tax advantages. Although there is no tax deduction, distributions are tax-free if used for qualified education expenses of the beneficiary of the account. These expenses include such items as tuition, fees, textbooks, supplies and equipment required for enrollment, and special needs services. Where the student is attending at least half the time and the payments are made directly to the college, they also include room and board costs. Supplies may include a laptop, printer, computer, and internet service. Some expenses that are not qualified include travel, a cellphone, student loan repayment, health insurance provided by the college, or a sports or club membership.

How to get a waiver of the 10% penalty. Non-qualified withdrawals of income from a 529 will be subject to ordinary income tax as well as a 10% penalty to the person who receives the money, which can be either the owner or the beneficiary. The principal portion of the withdrawal will not be subject to tax. For exceptions to the 10% penalty, see below. It is very important to make sure that the withdrawals are used only for qualified expenses to avoid taxes and penalty.

• If a child does not go to college or receives a scholarship, the owner may change the beneficiary to another child or member of the beneficiary’s family. This flexibility makes a 529 plan a very attractive investment.

• If a withdrawal is made from a 529 plan because the beneficiary dies, becomes disabled, or has earned scholarships and doesn’t need the money, the 10 percent penalty may be waived. Income taxes will still apply to the income portion of the amount withdrawn.

Know the most advantagous investment options. The investment options offered include a variety of mutual funds. Aged-based funds are very popular, as the investments are more heavily weighted in stocks with a younger child and are rebalanced to become more heavily weighted in bonds the closer the child gets to college age. To open a 529 plan, you may either make a lump sum investment or set up a monthly bank draft, a great way to save for your child’s future.

Make monthly or annual contributions. There are no income restrictions to making a contribution to a 529 plan. Although there is no annual maximum, contributions per year over $15,000 to a 529 plan will be subject to federal gift tax rules.  Each state has a specific maximum account size, which generally varies between $235,000 and $500,000. You are not required to contribute to your state’s 529 plan but will want to consider state tax advantages when making a decision. Distributions may be used for schools out of state.

• Accelerated gifting of 5 years of contributions may be made to a 529 plan, a total of $75,000 per individual or $150,000 for a married couple filing jointly, without having to file a gift tax return. An important tax benefit, the value of account and its tax-free growth will be excluded from the contributor’s estate for federal estate tax purposes. To avoid having to file a gift tax return, no additional contributions may be made for 5 years if the full accelerated gifting has already been implemented.

• The contributor to a 529 plan is normally the account owner, but not necessarily. For example, a grandparent may fund a 529 plan with a child as owner and a grandchild as beneficiary. The owner of the account will name a successor co-owner and beneficiary, choose the investments, and decide when and how much to distribute.

• Parents, grandparents, relatives and friends who are U.S. citizens or resident aliens and at least 18 years old may open a 529 plan and make contributions. They may also make contributions to 529 plans owned by others. You may want to ask relatives to make a contribution to a 529 plan in lieu of gifts that will eventually be discarded by your child.

Understand the differences between a 529 Plan and a ROTH IRA. The annual contribution amounts are considerably higher for a 529 plan than for the ROTH IRA, which is currently $7,000 per year if under age 50. It is possible to save a much greater amount that will grow tax-free with a 529 plan. The ROTH IRA also has income eligibility restrictions, unlike the 529 plan. Withdrawals may be made tax-free without age or time restriction from a 529 plan if used for qualified education expenses. That is not the case with a ROTH IRA. If the ROTH IRA account holder will be under age 59 ½ when the withdrawals are made, earnings will be subject to ordinary income taxes, a real disadvantage. Only the 10% penalty will be avoided if the withdrawals are used for qualified education expenses in the same year. Earnings may be withdrawn tax-free from a ROTH IRA only if the account has been held for at least 5 years.  In most cases, a 529 plan is a much better way to save for college.

How 529 plans impact financial aid. The 529 plans owned by college students or their parents will reduce need-based aid by a maximum of 5.64% of the current market value. This calculation also affects the parent’ savings, checking and brokerage accounts, real estate other than the primary residence, ETFs, and mutual funds. Withdrawals that are made from a 529 plan held by a non-custodial parent will be assessed as income against financial aid, just like those held by grandparents.

In conclusion, your savings plan should be personalized and specific to your family’s needs and goals for the future. To find the right college savings plan for your specific situation, ask your financial advisor to compare plans for you and to explain the costs, fees, and risks. Prepare a budget to determine a realistic amount that you can set aside regularly for this long-term goal. In addition, make sure that you also regularly fund an account for your own retirement. You are a priority, as well as your children. This is very important to consider when deciding how to allocate your resources.

 

 

 

Rosemary Lombardy is a financial advisor with over 35 years of experience and a domestic abuse survivor. She is the founder of www.breakingbonds.com, a free resource for abused women, and author of Breaking Bonds: How to Divorce an Abuser and Heal - A Survival Guide.

Consider the investment objectives, risks, charges and expenses before investing in the ScholarShare College Savings Plan. Visit ScholarShare.com for a Plan Disclosure Booklet containing this and other information. Read it carefully. Before investing in a 529 plan, consider whether the state where you or your Beneficiary resides has a 529 plan that offers favorable state tax benefits that are available if you invest in that state’s 529 plan. Investments in the Plan are neither insured nor guaranteed, and there is a risk of investment loss. TIAA-CREF Tuition Financing, Inc., Program Manager. The ScholarShare 529 Twitter and Facebook pages are managed by the State of California.

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