There are some key things you can do now to help your elementary student succeed and build a bright future. There are even things you can do now to help them get ready for higher education.
Higher education is any education beyond high school. This includes trade schools and community colleges, as well as public and private colleges and universities.
Tips for Success
Show your child that school is something you value by being involved in their school.
- Visit the school and get to know your child’s teacher.
- Attend parent-teacher conferences and ask questions about how your child is doing.
- Establish routines that support learning.
- Many children have “homework” or track reading time at home — this work can be done together.
- Visit different places where learning happens such as museums, libraries, state parks, and community events.
- Drive through or visit college campuses when you’re in a town with a school – it’s not too early to start!
Invest in ME Kindergarten
When your child is in kindergarten, look out for tools and resources from Invest in ME Kindergarten! Kindergarten is a wonderful time to start thinking about and planning for your child’s bright future.
Encourage your child to dream big by talking with your child about:
- Their own dreams for their life.
- How their interests may relate to a job, and what kind of school or training they would need to have for that job.
Download NextGen 529’s Talk About the Future conversation starters for more ideas.
Invest in Your Child’s Future
- Reevaluate your family’s savings plan as finances change. For example, when child care costs go down when your child enters kindergarten, think about saving a part of what you were spending for child care.
- Help your child succeed by opening a NextGen 529 account.
- Once you have a NextGen 529 account add money when you can — even just $5 a month can really help.
- Encourage family and friends to give the gift of education by making contributions to your child’s NextGen 529 account.
Investing is an important decision. The investments in your account may vary with market conditions and could lose value. Carefully read the Program Description in its entirety for more information and consider all investment objectives, risks, charges, and expenses before investing. For a copy of the Program Description, visit NextGenforMe.com or call 1-833-336-4529.
Investments in NextGen 529 are not guaranteed or insured by the State of Maine, the Finance Authority of Maine (FAME), NextGen 529 service providers, any other state or federal agency, or any other party. Non-qualified withdrawals are subject to federal taxes and penalties and Maine state income tax. NextGen 529 does not provide legal, investment, financial aid, tax or other advice, and the information provided does not contain advice and cannot be construed as such or relied upon for those purposes. You should consult your own advisors.
If you or your beneficiary are not Maine residents, your home state or that of your beneficiary may offer a 529 plan that provides state tax or other benefits, such as financial aid, scholarship funds, and protection from creditors, not available to you by investing in NextGen 529. You should consider such benefits, if any, before investing in NextGen 529.
NextGen 529 is a Section 529 plan administered by FAME. Vestwell State Savings, LLC is the program manager, The Bank of New York Mellon is the program custodian, BlackRock Advisors, LLC is the program investment manager. BlackRock Investments, LLC, Member FINRA, is the program distributor and underwriter for the Client Select Series only. Northern Lights Distributors, LLC, Member FINRA, is the program distributor and underwriter for the Client Direct Series. BlackRock Advisors, LLC is an affiliate of BlackRock Investments, LLC; the other service providers to NextGen 529 are not affiliated with each other.
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