Anyone here saving for college?

[CasaHova]

Re: Anyone here saving for college?

I'm in college and paying as I go. Didn't qualify for any grants and I'm not gonna get a loan. I don't like to owe money that I have to pay off. It is a struggle, but i'd rather it my way than be like some of my older friends who are paying off loans, just beggining off with a morgage and some have children.

[ISAYHI]

Re: Anyone here saving for college?

Bluezy- as far as linking your upromise acct - are you aware that the funds in upromise can be withdrawn, then you'd be able to deposit the money into the vehicle of YOUR choice.

From a response to an email I sent them:

Thank you for being a member of Upromise. We appreciate the time you
have taken to contact us.

You can withdraw your Upromise contributions at any time during your
membership. To withdraw company contributions from your Upromise
account, submit a letter in writing to Upromise requesting a withdrawal
from your Upromise account. The letter must state your full name and
exact amount that you would like to withdraw, up to total amount
available in your account, pending contributions are not eligible for
withdrawal.

For the protection of our members, we require that your letter either be
notarized or contain a Signature Guarantee if the withdrawal request is
in excess of $200. A Signature Guarantee is a guarantee you can obtain
from a financial institution, such as your bank, that your signature is
yours and that it is genuine.

Withdrawal letters should be sent to:

Upromise
ATTN: Customer Care
P.O. Box 55555
Boston, MA 02205-5555

Checks are sent once per calendar quarter, so you should typically
receive your check within 12 weeks of your request being received.

For more information about the Upromise service, please visit us at

https://www.upromise.com

Sincerely,

The Upromise Customer Care Team

https://www.upromise.com

I'm sending a letter today w/ my request for $200 - guess we'll see if I receive it in the next 2 months!

[Mixelflick]

Re: Anyone here saving for college?

Opened a NV 529 with Upromise in Jan. I am a resident of MA. I think the UPromise 529's default to NV because I don't recall having the option of chosing a state?

Putting $500/month in.

[Tree0164]

Re: Anyone here saving for college?

Massachusetts 529 plan is Fidelity who no longer is associated with Upromise.

[Mixelflick]

Re: Anyone here saving for college?

Did I do something wrong then?

Should I be with Fidelity or does this affect my son's 529??