When’s the Right Time to Save for Education? Webinar, Tues., April 23

April 19, 2024 / Get Well

Hip-hip, hooray! Graduation season is approaching. Congratulations to learners at all levels!

Education is valuable, but the cost can be a deterrent. So when is the right time to save for education — today, tomorrow, yesterday? 

Saving for future education expenses for a child, a grandchild — or even yourself — can seem out of reach. Virginia529 is offering two webinars on Tuesday, April 23; these webinars will show you how a Virginia529 account can help you save for tuition and other costs, take advantage of tax-free earnings, and meet your savings goals. Join the sessions below: 

Tuesday, April 23

11 a.m. – 12 p.m.

Using Your Prepaid529 Account at a Virginia College

This session is intended for customers who are planning to use a Prepaid529 account for the first time at a public or private college in Virginia.  

Topics discussed will include:

  • How/when Virginia529 will communicate with customers
  • Helpful documents 
  • FAFSA reporting requirements for 529 savings
  • What schools are eligible and what expenses are covered 
  • How to withdraw funds
  • Tax reporting 

Tuesday, April 23

1 p.m. – 2 p.m.

Using Your Prepaid529 Account at a Non-Virginia College

This session is intended for customers who are planning to use a Prepaid529 account for the first time at a non-Virginia college. 

Topics discussed will include:

  • How/when Virginia529 will communicate with customers
  • Helpful documents 
  • FAFSA reporting requirements for 529 savings
  • What schools are eligible and what expenses are covered 
  • How to withdraw funds
  • Tax reporting 

 

Want more offerings? Click here for financial wellness resources curated by NOVA’s Office of Employee Wellness and Wellbeing (OEWW).

Stock photo of a pink piggy bank against a light blue background. The piggy bank wears a mortarboard graduation cap and stands next to a clear mason jar labeled "529 Plan." The jar is full of coins and dollar bills.

Submitted by: 
Dahlia Henry-Tett, Chief Wellness Officer (CWO), employeewellbeing@nvcc.edu