Tips # 29-30: Think about how often you want to contribute to your account

September 30, 2013

Tip # 29: You can move savings from one plan to another
If you are moving or wish to switch to another state’s 529 plan, the account owner can choose to move funds from one state’s 529 plan to another states’ plan one time within a 12-month period for the same beneficiary.

Tip #30: Once you’ve made a choice to save, think about how often you’ll contribute to the account. Whether it is daily or monthly, pick the method that’s most realistic for your family and stick with it. You will not regret this decision when your child graduates from college debt-free.