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A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs. 529 plans, legally known as “qualified tuition plans,” are sponsored by states, state agencies, or educational institutions and are authorized by Section 529 of the Internal Revenue Code. There are two types of 529 plans: prepaid tuition plans and education savings plans. All fifty states and the District of Columbia sponsor at least one type of 529 plan. In addition, a group of private colleges and universities sponsor a prepaid tuition plan.

Find help for your situation. Get mortgage help if you’re struggling. Take action if you’re in forbearance. Get help if you’re a renter.

Internal Revenue website with information on Economic Impact Payments and Coronavirus tax relief updates.

This directory provides information on financial literacy resources, issues and events that are important to bankers, organizations, and consumers of all ages. The directory includes descriptions and contact information for a sampling of organizations that have undertaken financial literacy initiatives as a primary mission, government programs, fact sheets, newsletters, conference materials, publications, and links to Web sites.

How to file a complaint against your credit union. National Credit Union Administration’s Consumer Assistance Center.

We’re here to support the teachers, administrators, and community leaders who help students build financial knowledge, skills, and habits. The tools and resources listed here show recommended policies and practices for K–12 financial education.

The game provides a fun and interactive platform for teaching young people about the importance of saving and spending wisely. “Hit the Road” takes students on a virtual road trip across the country, and they must learn how to save and spend their money wisely to complete challenges along the way. The “Hit the Road” learning experience includes topics such as the value of saving and creating a budget, spending responsibly and debt management. While young people and their families can play “Hit the Road” at home, the game is also a good interactive classroom resource for teaching about math and money.

“World of Cents” provides a fun and engaging opportunity for children to learn the concepts of earning, saving and spending money while building their very own magical world full of whimsical playhouses. The gameplay experience touches on the important building blocks for making smart financial decisions, such as math skills, good savings habits and financial literacy. “World of Cents” utilizes coin value recognition to demonstrate how to save and manage money. Users even have the option of viewing their world in 4D. The game is available in the App Store and Google Play. The web-based version is accessible here.

Statistical supplement to the Current Population Survey that provides estimates and insights into the unbanked and underbanked populations of the United States.

Kids learn important money lessons from watching you earn, spend, save, and borrow. The CFPB and the FDIC are working together to help better prepare America’s young people to make financial decisions to achieve their own goals, throughout the stages of their lives. Start with the links below to explore age-appropriate information and activities for your kids.