college fund

More – The College Savings Registry

  • October 6, 2008 helps people save for college by routing gift money directly into 529 college savings plans.

It simplifies giving and receiving 529 contributions. Parents create an account that lets friends and family contribute directly to their child’s college fund, with tax-free growth through a 529 plan of their choice. The site lets parents ask their friends and family to give birthday and holiday gifts directly into their child’s 529 plan in lieu of or in addition to traditional gifts. It’s a great way to tap into the $454 billion spent each year on holiday gifts, not to mention birthday, graduation and other gifts that would otherwise depreciate over time and wind up in a landfill. Freshman Fund is free and simple to use, it’s safe and it’s secure. Sending money into 529 plans is difficult if not impossible. Freshman Fund streamlines the process, it’s transparent, it allows the person giving the gift to use credit cards, it’s online, and instant.

Read more on – The College Savings Registry…