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

Send us Fan MailWe 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 accountWhy this account versus other investment vehiclesWhy I opened it without having a kidHow im able to open an account pre-kidWhat Happens IF I Make more than one kid?How I actually opened the accountHow much do you need to put away to afford college?What happens if I don't have kidsI 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 arewww.savingforcollege.com www.upromise.comPlease share this episode with a parent or aspiring parent in your lifeThank 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.'