November 30, 2013
Instead of spending money on holiday shopping, one financial planner is asking parents to save money for their children's future.
The Virginia529 Savings plan helps parents set aside money for their children's college tuition, tax free.
The CEO of Virginia529 says the cost of college is not going down. She wants to urge parents to save now, so that when their child is ready for school, money will be available.
“It's really a great time to think about how can we help our kids and our families plan for the future with a gift to a Virginia529 account to help focus on higher education,” says CEO Mary Morris.
Parents can start a plan with the Virginia529 for $25.