The Rich Immigrant

88: My Experience Opening a 529 College Savings Account & What You Need To Know


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We did it Joe!  After two years of having it as a goal, I finally opened a 529 college savings account for my unborn child(ren). In this episode, I share my experience breaking down the conversation into the following:

What is a 529 account
Why this account versus other investment vehicles
Why I opened it without having a kid
How im able to open an account pre-kid
What Happens IF I Make more than one kid?
How I actually opened the account
How much do you need to put away to afford college?
What happens if I don't have kids

I havent fugured it all out but I figured it out well enough to start and I always want to share that part.. the journey. Some resources I found are

www.savingforcollege.com 
www.upromise.com

Please share this episode with a parent or aspiring parent in your life

Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

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The Rich ImmigrantBy Dee Olateru

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