Planning for college expenses is at the top of many financial planning lists. If you’re thinking about starting a college fund, take a look at the Michigan Education Savings 529 Program (MESP), the state’s direct-sold 529 college savings plan. By making small contributions, you’ll have large growth over time and can take advantage of unique tax benefits.
When it's time for your child to go to college or enter a trades program, MESP also can help you identify eligible expenses to spend your savings.
Learn How to Save
On September 30, join the Saving for College virtual workshop. You’ll get expert guidance on the MESP 529 plan and have the chance to get all your questions answered.
Topics include:
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What are 529 plans?
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Paying for college “basics”
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Is MESP right for your family
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Potential tax benefits and more
Date: Tuesday, Sept. 30, 2025
Time: noon – 1 p.m.
Register for the Sept. 30 virtual workshop
If you need accommodations to participate in the workshop, please email Leola Hearing, [email protected], at least seven days prior to the workshop.
For More Info...
This workshop is presented by MHealthy and MESP as part of the “Your Money Matters” workshop series. Find more financial well-being resources and workshops on the MHealthy website.
Learn How to Spend
If you’ve invested in a MESP 529 plan, it might be time to think about how your investments will help fund your child’s future.
During a free “Navigating Qualified Expenses with Your 529 Plan” webinar on Tuesday, Sept. 16, you’ll learn how to get reimbursed by your 529. Topics include:
- Tuition and fees
- Eligible institutions
- Eligible expenses
- Apprenticeship programs
- Student loan repayment
Date: Tuesday, Sept. 16, 2025
Time: noon – 1 p.m.
Register for the Sept. 16 virtual workshop
For More Info...
The event is sponsored by TIAA, an organization that administers U-M retirement savings plans, and the Michigan Education Savings Program. For more information about the MESP, visit MIsaves.com.
