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Like most parents,
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you dream that your kids will have a good education.
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You hope they’ll be able to go to college…
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…or receive vocational training.
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You want to help your children as much as you can.
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Did you know that you can start investing in your baby’s future today?
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The Baby Steps Savings Plan is a program offered by the Massachusetts State Treasurer’s Office.
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It's a seeded college savings account program
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that encourages saving for college in the U.Fund, the Massachusetts 529 plan.
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It lets you invest in your child’s post-high school education and training.
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You’ll even get a free $50 deposit when you enroll!
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Any baby born or adopted on or after January 1st, 2020
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who is a Massachusetts resident can be enrolled in BabySteps.
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Children can be enrolled in BabySteps until they turn one.
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And adopted children are also eligible up to one year after their adoption date.
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Here’s how BabySteps works:
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Take the first step by checking the box on the worksheet you receive at the hospital…
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Or enroll online at mass.gov/BabySteps
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Next, open a U.Fund 529 college savings account and we’ll make an initial $50 deposit.
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After that, you can contribute to the account to build up savings as often as you want.
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The program also offers free financial education for your family.
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The earlier you start adding to the account,
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the more money your child will have for future aspirations like college tuition,
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vocational training,
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and other school expenses.
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It’s a fact.
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Kids with college savings are more likely to attend college after high school.
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Take the first step!
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Learn more at mass.gov/BabySteps