U.S. flag

An official website of the United States government

Dot gov

The .gov means it’s official.

Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.

Https

The site is secure.

The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

MyMoney Resources - Youth

Displaying 1 - 10 of 47

Student Loan Forgiveness Scams Social Media Resources

Read the latest FTC blog post in English and Spanish on how to avoid federal student loan forgiveness scams. Also check out the social media graphics in English and Spanish that you can share with others to raise awareness of this important issue.

Also check out the social media graphics in English and Spanish that you can share with others to raise awareness of this important issue.

Agency Owner: Federal Trade Commission
Document Type:
Information Source:
Date:

Saving on a Valuable Education (SAVE) Plan

learn about the multiple benefits the SAVE Plan offers to student loan borrowers, such as a monthly payment amount that is calculated based on the borrower’s income and family size. This resource has information on how to apply, which loans are eligible, and more.  

Agency Owner:
Document Type:
Information Source:
Date:

Financial inTuition Podcast

Learn tips and strategies on how to make more informed financial decisions around managing money, saving and paying for higher education, and repaying student loan debt.

Agency Owner: Consumer Financial Protection Bureau
Document Type:
Information Source:
Date:

Money as you grow

No need to be a money expert—the tips and activities here can help your children’s money skills, habits, and attitudes grow.

Agency Owner: Consumer Financial Protection Bureau
Document Type: Tools
Information Source:
Date:

Paying for College

We explain the ins and outs of student financial aid and repaying loans to help you make smarter decisions about how to pay for school.

Agency Owner: Consumer Financial Protection Bureau
Document Type: Tools
Information Source:
Date:

Saving for Education - 529 Plans

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.

 

Agency Owner: Securities and Exchange Commission
Document Type: Website
Information Source:
Date:

Updated Investor Bulletin: An Introduction to ABLE Accounts

The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to educate investors about ABLE accounts. An Achieving a Better Life Experience (ABLE) account provides a tax-advantaged method to save for disability-related expenses. Contributions are not tax deductible for federal income tax purposes, but your investments can grow tax free and remain so when withdrawn and used for disability-related expenses. Similar to 529 college-savings plans, ABLE programs are administered by the states. Many states have established ABLE programs and you may have the option to choose your own state’s plan.
Agency Owner: Securities and Exchange Commission
Document Type: Article
Information Source:
Date:

Achieving a Better Life Experience (ABLE) Accounts

An Achieving a Better Life Experience (ABLE) account is a type of tax-advantaged savings account that an eligible individual can use to pay for qualified disability expenses. The eligible individual is the owner and designated beneficiary of the ABLE account. An eligible individual may establish an ABLE account provided that the individual is blind or disabled by a condition that began before the individual’s 26th birthday.
Agency Owner: Social Security Administration
Document Type: Article
Information Source: Literature review
Date:

Internal Revenue Bulletin: 2015-27- • Proposed Rulemaking Guidance under Section 529A: Qualified ABLE Programs

These synopses are intended only as aids to the reader in identifying the subject matter covered. They may not be relied upon as authoritative interpretations.
Agency Owner: Department of the Treasury
Document Type: Guidance, Article
Information Source:
Date:

Tax Benefit for Individuals With Disabilities: IRC Section 529A

Generally, the ABLE Act permits a state to establish and maintain a new type of tax-advantaged savings program (under Section 529A of the Internal Revenue Code). Contributions may be made to a 529A account established for a designated beneficiary to pay for qualified disability expenses.
Agency Owner: Department of the Treasury
Document Type:
Information Source:
Date: