- This post was sponsored on behalf of Mississippi Affordable College Savings (MACS) program. All opinions stated are my own.
Today is the day my darling Willow will attend class day to transition from middle school to high school. It seems like yesterday Willow was a chubby brown baby, but time is flying by, and before you know it, she will be graduating high school and ready to attend college.
We are not the richest parents in the world, and with five children that means we have a lot of college plans to talk about… and even more, money to find to pay for these educations.
Willow has dreams to become an Ichthyologist, which is someone that studies fish. Her school of choice? Alcorn State University (her great uncle would be proud, I think she should attend a college in Florida). How much does it cost to obtain a degree in Marine Ecology? $28,160 according to study.com. How much money do we have saved? I think this is a good time to talk about this Mississippi Affordable College Savings (MACS) program.
The Mississippi Affordable College Savings (MACS) program is Mississippi’s 529 college savings plan. MACS works like a Roth Retirement account, your contributions grow tax-free along the way, and are tax-free when you use the money for college. Money saved with MACS can be used an accredited college or university in the country, and some abroad. If you don’t use the savings for example if your child gets a scholarship, you can roll the money to another child.
We are giving Willow the best class day gift ever- the start of a wonderful education studying fish.
To celebrate “5/29 Day”, all throughout the month of May, if you open a MACS account with $100 and sign up for Automatic Contributions, MACS will add $50 after three months. If you already have a MACS account, and even if you already contribute regularly through automatic contributions, we commend you and yes, you can participate in this match offer too! To learn more and to enter go here.