About

Faced with a variety of confusing and competing 529 plan reward programs, many people do nothing. The programs appear too complex to understand or compare with each other. As a father of four young children, I’ve taken time to research these programs. What I’ve learned is worth sharing.

This site does not aim to scare you with daunting statistics showing how high college costs will be when your child turns eighteen. There are excellent websites and web-calculators that already do a great job at this. In fact, maybe too good a job. Instead of being shocked into action, many parents have come to regard saving for college (on top of saving for retirement, saving for emergencies, etc.) as a futile pipe dream, not an attainable goal.

529Rewards.com invites you to learn how 529 plan reward programs work and how they can help financially savvy parents attain college savings goals. You should not expect 529 plan rewards alone to pay for college costs. But, used wisely, they can provide a relatively effortless means to significantly enhance a college savings plan. The ideas presented on 529Rewards.com are suitable for responsible adults in control of their finances and spending habits. If you have trouble keeping credit card or other personal debt under control, this program will not work for you.

529 Plan – What is it? College savings plans were created under Section 529 of the Internal Revenue Code to help you save for a child's higher education expenses. Since these plans are tax-advantaged programs they let you save even more for college. Anyone can invest and withdrawals can be used at any eligible post-secondary school in the U.S., including public and private colleges and universities, as well as community colleges and most vocational schools. In many states, plan participants receive special state incentives, including tax deductions and exemptions, based on their participation in the in-state program. An excellent site to learn more about 529 plans is Savingforcollege.com.

529Rewards.com is operated by Sagetips, LLC, a Michigan company.

If you would like to contact us, you can send your general question or a question about our service by email to heloc @ sagetips.com. (Remove spaces around @).