Monday, August 6, 2012

College Fund

All of the money, time and effort we have put into the last few weeks getting Finola ready to leave for University has got me thinking about a college fund for Primo.

Is there a way to set up a 529 plan or an Education IRA for a foster child?  Or maybe even just a straight up savings account?


3 comments:

  1. You might want to check into what your state has to offer. I know that any child that spent time in foster care in Texas is eligible for a free college education.

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  2. Cherubmamma is correct and it is a federal program. However, it only applies to foster children who do not return to live with the parents whom they were removed from. (I suppose to prevent a parent from placing their child in foster care in order to get free college?)

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