What is the 529 start & start K12 savings program?

Welcome to Louisiana’s 529 START & START K12 Saving Programs – Programs of the Board of Regents! The Student Tuition Assistance & Revenue Trust program, commonly referred to as the START Saving Program, is an innovative saving plan designed to help families contend with the growing cost of educating their children.

What is a 529 plan?

One option is a 529 plan, also known as a qualified tuition plan. This tax-advantaged savings plan is designed to help you pay for education. 1. Select a 529 Plan Before you can open a plan, you’ll need to decide which one is right for you. You can choose from two types of plans: prepaid tuition or a savings plan. Prepaid tuition.

How do I open a 529 plan?

In order to open a 529 plan, you'll first need to have prepared bank and personal information for both yourself and the beneficiary. All 50 states, the District of Columbia, and many brokerage firms offer 529 plans. To find the best fit for your long-term savings goal, you'll need to investigate the potential advantages of each.