Many parents and families today worry their child or grandchild will begin their adult lives with burdensome school loan debt. Many adult students wonder how they could save for a graduate degree. One of the best strategies to alleviate some, or all, of that burden is by saving ahead of time with a Minnesota 529 College Savings Plan. Because, when it comes to paying for college, it’s better to save now than borrow later.

What is MNSAVES? 

MNSAVES is a state-sponsored tax-advantaged 529 college savings plan that helps families and individuals plan and prepare for the cost of education.

The plan’s investment options vary in risk from conservative to aggressive. There is also an option which automatically adjusts the risk level based on when the student is anticipated to begin their postsecondary education.

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