Helping American families achieve their education savings goals by working with public policy makers, media representatives and financial services industry executives in support of education savings programs
Chris McGee appeared on Money Sense airing on WISN AM 1130, speaking with Heather Deaton of Ellenbecker Investment Group on the 529 savings strategies being embraced by high school students and parents to prepare for a lifetime need for higher education and to ward off debt to pay for it. In addressing 529 gifts from … Continue reading "Money Sense Radio: College Savings & Gifting Options"
The post Money Sense Radio: College Savings & Gifting Options first appeared on College Savings Foundation.
Columnist Steve Rosen featured CSF’s data showing a strong surge in popularity of 529 gifting programs in 2024, with 65% of parents planning to use them, and what those glifting programs look like across the country through our interactive map of CSF Member Gifting Programs. Read more: https://tribunecontentagency.com/article/kids-and-money-529-programs-offer-college-savings-options
The post Tribune’s Kids & Money: 529 Gifts Soar at Holiday first appeared on College Savings Foundation.
This holiday season, more families are choosing lasting gifts with lasting impact — contributions to 529 college savings plans. With PA 529 plan assets up 19.13% in 2023, the trend reflects a growing focus on education savings. Learn how gifting a 529 contribution can support a child’s future while offering tax benefits for contributors. Read … Continue reading "529 Contributions: A Growing Holiday Gift Trend"
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CSF Chair Chris McGee told Real Wealth’s Jim Silbernagel how 529 savings are growing among parents and their teenagers, largely to avoid the long-term impact of student debt and with the added benefit of rolling over unused 529 savings into a Roth IRA. Listen to the episode here: How to Start Saving for Your Kids’ … Continue reading "Real Wealth Radio: FAs hear about 529 savings surge among parents and high school students"
The post Real Wealth Radio: FAs hear about 529 savings surge among parents and high school students first appeared on College Savings Foundation.
Many CSF members saw double digit increases in 529 gifting in 2024 Washington, DC, November 19 – 65% of parents across the country will ask friends or family to make a contribution to their child’s 529 plan for this holiday season and major events, reports the College Savings Foundation’s (CSF) in releasing its annual list … Continue reading "Majority of Parents Will Ask for 529 Gifts this Holiday Season, College Savings Foundation Finds"
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In this article, Chris McGee shares with Success Magazine’s Ashley Biggers how a majority of parents across the U.S. are addressing student debt. 52% of parents are investing in 529 plans, and 71% are saving more than $5,000 per child annually. McGee highlights that 88% of parents view education as a lifetime commitment. Link to … Continue reading "Success Magazine: 529s and Unprecedented Savings Tackle Student Debt"
The post Success Magazine: 529s and Unprecedented Savings Tackle Student Debt first appeared on College Savings Foundation.
How to avoid student debt? Chris McGee told Success Magazine’s Ashley Biggers how the majority of parents across the country are doing so — 52% investing in 529s and 71% saving more than $5,000 per child per year. Why? “Parents almost universally (88%) say that education is a lifetime commitment,” he says. Read more
The post Success Magazine: 529s and Unprecedented Savings Tackle Student Debt first appeared on College Savings Foundation.
Breaking NewsTim Grant from the Pittsburgh Post-Gazette uncovers a dramatic rise in 529 savings in CSF’s 18th annual State of Higher Ed survey! Key Highlights Curious about the full story? Dive into the details and see why parents are making these savvy moves. Read the full article here!**
The post Historic Surge in 529 Savings Revealed by Pittsburgh Post-Gazette’s Tim Grant first appeared on College Savings Foundation.
June 19, 2024 This article discusses how parents are increasing their college savings to avoid student debt. It references findings from the 18th Annual State of Higher Ed survey, showing that over half of 1,000 parents surveyed use 529 plans. Families featured invest in Edvest 529 in Wisconsin and VA529. Read more
The post Parents Boost College Savings to Avoid Crushing Student Debt first appeared on College Savings Foundation.
August 28, 2024 This article highlights the benefits and growing popularity of 529 gifting strategies. It features insights from CSF Chair Chris McGee, CSF members Wayne Weber of Gift of College, Jordan Lee of Saving for College and Backer, and a parent using The Education Plan (New Mexico). Read more
The post The gift of education: Getting friends and family to contribute to your kid’s 529 account is ‘pretty darn cool’ first appeared on College Savings Foundation.
1,000 parents surveyed across the country embrace a wider definition of higher ed for themselves and their children Washington, DC, August 15 – As students prepare to go back to school this fall, the vast majority, 94%, of parents across the country are dedicated to funding their children’s higher education and are increasing their savings … Continue reading "U.S. Parents Increase Funding and Saving for Children’s Higher Education, says College Savings Foundation’s 18th Annual Survey"
The post U.S. Parents Increase Funding and Saving for Children’s Higher Education, says College Savings Foundation’s 18th Annual Survey first appeared on College Savings Foundation.
June 19, 2024 CSF Chair Chris McGee and ISS data were featured in this column outlining guidelines for families interested in learning about the SECURE 2.0 opportunities for rolling over unused 529 funds into a Roth IRA for the same beneficiary. Read more
The post Kids and Money: Is a 529 transfer a good idea? first appeared on College Savings Foundation.
CSF Chair Chris McGee met with WRNE-AM Host Robert Hill to tell listeners about the next generation of savvy high schoolers who are saving more than ever before for their higher education. McGee explained the value of 529s in helping students reduce their reliance on debt and grow their savings from an early age.
The post WRNE-AM “Let’s Talk Money” spoke to Chris McGee on CSF Youth Survey Findings first appeared on College Savings Foundation.
May 20, 2024 CSF’s 15th Annual Youth Survey findings were featured prominently in Tim Grant’s Page One Sunday Business Story in the Pittsburgh Post-Gazette on high school students planning to live at home while attending higher education. Read more
The post Pittsburgh Post-Gazette features CSF Youth Survey in “Home base: College students are choosing to live at home to save money” first appeared on College Savings Foundation.
May 16, 2024 Washington, D.C. – Today, Representatives Jennifer McClellan (VA-04) and Linda Sánchez (CA-38) introduced the Accessible College Campus and Expanded Student Savings (ACCESS) Act to improve post-secondary education affordability and reduce barriers to access. The ACCESS Act would amend Section 529 of the Internal Revenue Code to allow 529 savings plans to be … Continue reading "McClellan, Sánchez Introduce Bill to Address Student Transportation Costs"
The post McClellan, Sánchez Introduce Bill to Address Student Transportation Costs first appeared on College Savings Foundation.
MAY 15 2024 As the costs at some colleges near $100,000 a year, families need a savings strategy they can bank on. Financial experts and plan investors agree that 529 college savings plans are a smart choice for many. And, as of 2024, there are even more benefits, including higher contribution limits and the flexibility … Continue reading "College Savings Foundation Highlights Key 2024 Changes: Expert Vivian Tsai on Improved 529 Plans"
The post College Savings Foundation Highlights Key 2024 Changes: Expert Vivian Tsai on Improved 529 Plans first appeared on College Savings Foundation.
April 27, 2024 A growing number of U.S. employers are nixing college degrees from hiring requirements in job postings, according to Indeed.com. While this may suggest you can skip college and the student loan bill, this news doesn’t tell the whole story. Read More
The post Bankrate: Chris McGee was interviewed Heidi Rivera on ways to reduce the costs of college and higher education first appeared on College Savings Foundation.
Majority of high school students surveyed save and sacrifice for long-term education and career goals Washington, DC, May 2 – Today’s high schoolers are preparing for adulthood by amping up their plans to save, work and pay for higher education in order to achieve their long-term career goals. These are among the findings of the … Continue reading "College Savings Foundation 2024 Youth Survey: What Gen Z Wants from Higher Ed and How They Will Pay for It"
The post College Savings Foundation 2024 Youth Survey: What Gen Z Wants from Higher Ed and How They Will Pay for It first appeared on College Savings Foundation.
https://www.wsav.com/news/new-program-tackles-college-cost-crisis-secure-2-0-offers-a-financial-lifeline/
The post College Savings Foundation Chair Chris McGee spoke with Shawn Watkins at WSAV-TV (NBC) about the power of 529s in saving for education, reducing reliance on student loans, and rolling unused funds into a Roth IRA first appeared on College Savings Foundation.
February 16, 2024 Jessica Dickler interviewed CSF Chair Vivian Tsai on the opportunities for families to roll over 529 plan funds into Roth IRAs under SECURE 2.0 as of January 1, 2024. Read More
The post The New York Times: Money in College Savings Accounts Can Now Go Toward Retirement first appeared on College Savings Foundation.
Jessica Dickler interviewed CSF Chair Vivian Tsai on the opportunities for families to roll over 529 plan funds into Roth IRAs under SECURE 2.0 as of January 1, 2024. Read More
The post CNBC: A ‘significant objection’ to 529 college savings plans will go away on Jan. 1. ‘This is a big deal,’ expert says first appeared on College Savings Foundation.
CSF Chair Vivian Tsai offered advice on how parents can model good savings behavior to show children how to save for long term goals like college; save for big-ticket items, and spending or philanthropy – and then modeling that behavior. Read More
The post Tribune.com “Kids and Money”: Kids and Money: Readers weigh in with money savvy suggestions first appeared on College Savings Foundation.
Tim Grant interviewed CSF Chair Vivian Tsai on the popularity of 529 gifting programs and why they are catching on as ways for parents to engage friends and family in long-term savings goals. Read More
The post Pittsburgh Post-Gazette: ‘Tis the season — to gift cash for college savings plans?” first appeared on College Savings Foundation.
Vivian Tsai spoke at length with Real Wealth founder Jim Silbernagel on the flexibility of 529s and the opportunity to rollover leftover 529 funds into a Roth IRA “to invest in a loved one’s future.” They also discussed what Gen Zs expect in the college experience, how they are paying for it, and how they are tackling … Continue reading "Real Wealth Radio: SECURE 2.0 and What Gen Z Wants in Higher Ed"
The post Real Wealth Radio: SECURE 2.0 and What Gen Z Wants in Higher Ed first appeared on College Savings Foundation.
Learn more about giving the gift of education for the holiday season. CSF Chair, Vivian Tsai, talks with Jeffrey Snyder on The Broadcast Retirement Network. Vivian talks about the increase in parents’ contributes to a college savings plan over the last few years and how it makes an excellent gift.
The post CSF Chair Vivian Tsai talks with The Broadcast Retirement Network first appeared on College Savings Foundation.
Recent survey of parents says 45% would ask for gifts to their children’s 529 account for holidays and other major events Washington, DC, November 20 – Online gifting programs are offering more ways for families and friends to contribute to a child’s 529 education savings account this holiday season, and families are responding. The College … Continue reading "Holiday Higher Ed Gifting Stays Strong in 2023, College Savings Foundation Finds"
The post Holiday Higher Ed Gifting Stays Strong in 2023, College Savings Foundation Finds first appeared on College Savings Foundation.
Shift in perspective: High school students embrace college post-pandemic TIM GRANTPittsburgh Post-Gazettetgrant@post-gazette.com The four-year college experience is back in style — according to a recent national survey. Washington, D.C.-based College Savings Foundation’s 14th annual survey of 1,000 high school students suggests that pandemic-era sentiments have shifted: Students now say they want the benefits of attending … Continue reading "Pittsburgh Post-Gazette’s Tim Grant interviewed CSF Chair Vivian Tsai in a Sunday Business feature on CSF’s 14th Annual Youth Survey, in “Shift in perspective: High school students embrace college post pandemic” sharing key findings from the survey."
Kids and Money: Dream on — Students shed light on ideal college experience How would your high school student envision the ideal college experience? More rah-rah sports? How about better food and more choices from the student cafeterias plus longer, late-night hours? Do they want heftier financial aid packages, or more study abroad opportunities? Higher … Continue reading "Steve Rosen’s Kids and Money column at the Tribune, “Dream on — Students shed light on ideal college experience” shared findings from CSF’s 14th Annual Youth survey on what high school students want in higher ed, along with how they are working and saving to pay for it. "
High School Students Headed for Higher Ed with Savings and Clarity of Purpose Gen Zs share their views on what they want for a Higher Education Experience With an aversion to debt and ambitions for the future, high school students across the U.S. are determined to pay, work and save for their desired higher education … Continue reading "College Savings Foundation (CSF) 14th Annual Youth Survey of 1,000 Gen Z High School Students"
Host Keith Weisheit featured CSF Chair Vivian Tsai in two seven-minute segments on the value of 529s, how they can be used for a variety of career schools and certificates, and how they are flexible among family and friends.
CBS radio host Tommy Tucker interviewed CSF Chair Vivian Tsai for 13 minutes live on the role of CSF in helping parents save for higher education, how 529s work and how they can be used to fund higher ed tuition and expenses for the entire family,
CSF Chair Vivian Tsai was interviewed live for a story on CSF’s Conference in New Orleans, the value of 529s and how they can help parents as well as students fund education throughout a lifetime.
CSF Chair Vivian Tsai was a featured expert on this segment on 529s, their benefits and how they can be used to pay for college and higher education. This coincided with CSF’s Annual Conference in New Orleans, LA.
CSF 529 Member Gifting programs was the topic of Chair Vivian Tsai on “Money Life with Chuck Jaffe” at moneylifeshow.com. Vivan shared results of CSF’s survey of parents showing how nearly half (46%) planned to ask for higher education gifts and why e-gifting is increasingly flexible, accessible and popular.
Recent survey of parents says 46% would ask for 529 gifting contributions at holiday and other major events Washington, DC, November 17 – As families look for gift ideas this holiday season, the College Savings Foundation (CSF) has released its annual list of 529 higher education gifting programs to 529 accounts offered by its members … Continue reading "Parents Set to Embrace Gifting to Higher Education 529 Savings Plans, College Savings Foundation Finds"
Annual survey reveals intergenerational similarities in their needs and expectations for higher education Washington, DC, October 6 – U.S. parents across the country have a new vision of higher education for both their children and themselves – more career-oriented, affordable and targeted to their evolving employment needs. In the 16th annual State of Higher Ed Savings survey, the … Continue reading "U.S. Parents Seek Career-Oriented and Affordable Higher Education for Themselves and Their Children, College Savings Foundation Survey Finds"
CSF Chair Vivian Tsai spoke with Real Wealth Radio Host Jim Silbernagel on the benefits of saving early and gifting through 529s. They focused on CSF’s 2022 Youth Survey findings that showed how teens have “skin in the game” in saving and choosing higher ed to include Career and Technical School.
June 12 – CSF Chair Vivian Tsai shared practical guidance for families to save for higher education through 529s on MoneySense, WISN AM 1130 presented by Ellenbecker Investment Group. In a wide ranging conversation, Vivian shared information on how high school students are focusing on cost-conscious choices, and countered misperceptions about saving.
Nonprofit leader shines light on 529s’ flexibility and ease of use for families over a lifetime Washington, DC, May 25 – National 529 Day arrives this Sunday, May 29, to celebrate the flexible savings plans that enable entire families to fund their higher education and career dreams. College Savings Foundation (CSF) sponsored the official designation … Continue reading "National 529 Day Celebrates 529 Education Savings Plans, says College Savings Foundation "
May 18, 2022 – WRNE-AM Host Robert Hill interviewed CSF Chair Vivian Tsai for a 12-minute interview on CSF’s 2022 Youth Survey and how 1,000 high school students said they were working, saving and paying for higher education.
Pittsburgh Post-Gazette’s Page 1 Sunday Business story by Tim Grant: A different kind of high school student is headed to college now. TIM GRANTPittsburgh Post-Gazettetgrant@post-gazette.com A different kind of high school student is headed to college now. The graduating seniors who will be entering into post-secondary education and training over the next few years care … Continue reading "Survey: Young people want solid outcomes from their higher education."
13th annual survey of more than 1,000 young adults finds they are saving, paying and choosing the schools to get them to the careers they want Washington, DC (May 4) – Gen Z High School students are emerging from two years of disrupted schooling with a determination to choose and fund the higher education paths … Continue reading "Gen Z High School Students Want and Will Pay for Practical Higher Ed Options, says College Savings Foundation "
December 14, 2021 – CSF Chair Vivian Tsai joined “Money Life with Chuck Jaffe” (moneylifeshow.com) to tell listeners how 529 gifting programs are ideal for children – in registries, gift cards, personalized accounts, and other e-commerce options – and how nearly half of all parents surveyed by CSF were interested in using them this holiday … Continue reading "Money Life with Chuck Jaffe"
KIDS AND MONEY By Steve Rosen Contributing to a 529 college savings plan this holiday season has never been easier. Little assembly is required, and unlike toys, a 529 won’t break to pieces after a couple weeks. Parents, grandparents, other family members and even your neighbor can contribute by using a variety of financial tools, … Continue reading "Kids and Money: Creative ways to make college savings contribution"
Digital gifting to 529 college savings plans is on the riseNovember 22, 2021 TIM GRANT | Pittsburgh Post-Gazette Don’t be surprised to receive a holiday newsletter this year from a friend or family member — and it might even come with a request for a donation to a college savings fund. The fading tradition of … Continue reading "Digital gifting to 529 college savings plans is on the rise"
November 19, 2021 – Vivian Tsai, CSF Chair, spoke to Host Jim Silbernagel to discuss the results of the CSF Youth Survey and how high school students are feeling about college after a year of COVID. The radio show and podcast aims to prepare FAs with ideas for helping families prepare for higher education costs … Continue reading "Real Wealth Radio"
College Savings Foundation survey of parents shows 45% may ask for 529 gifts Washington, DC, November 9 – With supply chain delays disrupting families’ plans for material gifts this holiday season, 529 gifting programs are offering convenience and impact with a widening array of e-commerce higher education savings vehicles. Members of the College Savings Foundation … Continue reading "Higher Ed Gifting Programs Gain Momentum while Supply Chains Interrupt Material Gifts"
Forbes Judith Ward | Contributor | Personal Finance For many parents, the idea of setting aside savings for their young child’s college education on top of all their family’s current essential financial needs can feel like a daunting task. But it doesn’t have to be, and here’s why. You don’t need to plan on saving … Continue reading "Saving For College: The Child Tax Credit And Tips For New Parents"
October 19, 2021 – WRNE-AM Host Robert Hill interviewed CSF Chair Vivian Tsai for a 14-minute interview on higher education savings and the findings of CSF’s State of College Survey of parents.
KIDS & MONEY Tribune.com Here are some survey statistics that raised my eyebrows: Nearly 60% of the parents receiving the monthly child care tax credits plan to put the extra income into their children’s college savings accounts. In addition, the majority of them — 72% — said they will park the money in tax-advantaged, state-sponsored … Continue reading "Kids and Money: Parents funnel child care credit into college accounts"
Fox 5 New York: Good Day New YorkSeptember 15, 2021 CSF Chair Vivian Tsai appeared live on this morning news segment on Child Tax Credits and strategies to help families save for higher education using 529s.
A majority of parents using child tax credits to fund higher ed Washington, DC, September 14 – With the national savings rate rising during COVID, the College Savings Foundation’s (CSF) 15th Annual State of College Savings Survey finds that the majority of U.S. parents have not only saved for their children’s higher education, but are … Continue reading "With National Savings Up During COVID, College Savings Foundation’s 15th Annual State of College Savings Survey Shows How U.S. Families Plan to Fund Higher Education"