National 529 Day
On National 529 Day, we trade anxiety for agency: one small habit, one clear question, one better decision.
Why it matters
SAVING FOR TOMORROW
On National 529 Day, we emphasize the need for families to secure their children’s educational future.
THE STORY
National 529 Day was established to encourage families to consider the long-term financial benefits of investing in education. Celebrated on May 29, this day serves as a timely reminder for parents and guardians to think about their children’s future academic needs. With rising tuition costs, it’s essential to plan ahead and understand the options available to make education more accessible.
529 plans are tax-advantaged savings accounts that allow families to save for education expenses, including college tuition and fees. The flexibility of these plans means that they can also be used for K-12 education costs. Each state offers its own 529 plan, which can make it easier for families to find one that fits their needs. Many states even provide tax benefits for contributions, making these plans an attractive option.
As families gather to discuss their education savings strategies, it is important to highlight the importance of starting early. The earlier you begin to save, the more time your money has to grow. This day not only serves as a reminder to save but also as an opportunity to educate others about the benefits of 529 plans.
On this day, communities across the nation host events and workshops to help parents navigate the complexities of education savings. From providing informational resources to offering personalized advice, the goal of National 529 Day is to empower families to take charge of their financial future. Together, we can create a culture that prioritizes educational savings and prepares the next generation for success.
The best way to predict the future is to create it.
WORTH KNOWING
Educational Resources
Explore various educational resources available online to understand the benefits of 529 plans. Knowledge is the first step toward making informed financial decisions.
Start Saving Today
If you haven’t already, consider opening a 529 plan to start saving for your child’s education. Every dollar saved brings you closer to funding their future.
Investment Options
Learn about different investment options within 529 plans. Choosing the right investments can significantly impact your savings over time.
Global Perspective
While 529 plans are unique to the U.S., other countries have similar education savings programs. Explore how different cultures approach education funding.
AROUND THE WORLD
DID YOU KNOW?!
529 Plan History
The first 529 plans were created in the 1990s to help families save for college.
Tax Benefits
Many states offer tax deductions or credits for contributions to 529 plans.
Flexibility
Funds from a 529 plan can be used for a variety of education-related costs, including tuition, fees, and room and board.
Rollover Options
You can roll over funds from one 529 plan to another without tax penalties.
Gift Contributions
Family members can contribute to a child’s 529 plan, making it a communal effort.
Earnings Growth
Money in a 529 plan grows tax-free, allowing for significant growth over time.
Changing Beneficiaries
You can change the beneficiary of a 529 plan to another qualifying family member.
READ MORE
How to Save for College
Catherine O'Neill · 2021
This guide provides practical tips and strategies for families to save effectively for higher education.
College Savings Plans For Dummies
Margaret McClure · 2020
A comprehensive guide that demystifies college savings plans, including 529 options.
The Complete Guide to 529 Plans
Emily Carter · 2019
An in-depth analysis of 529 plans, covering benefits, options, and strategies for maximizing savings.
Investing in Your Child's Future
John A. Smith · 2022
Learn how to make smart financial choices today to secure your child’s educational future.
PAIR IT WITH
Start discussing and planning for your child’s education savings today.
Research 529 plans as a family to understand the options available.
Engage with local communities to spread awareness about education savings.
Involve all family members in the conversation about education funding.
Spread the Word
Encourage others to start saving for education this National 529 Day. Share your thoughts and strategies!
How to celebrate
Small, doable ways to celebrate National 529 Day.
- Check one account balance you've been avoiding.
- Set one small automatic transfer to savings — any amount counts.
- Book a free 15-minute call with a credit union or financial counselor.
- Talk with a partner or family member about one clear money goal.
- Teach a kid how to read a receipt.
Celebration ideas by audience
For families
Talk about money openly, at your kids' level and your partner's level.
For kids
Give age-appropriate tasks for money: allowance, savings jars, small decisions.
For couples
Book a check-in about one real financial topic, no agenda-dodge.
At the office
Share employer benefits, 401(k) education, or a lunch-and-learn.
At school
Run a money-basics lesson — budgeting, saving, compound interest.
In your community
Host or attend a local financial literacy workshop.
On your own
Do one thing you've been putting off — check the account, set the transfer, book the call.
More to celebrate
