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Take the First Step

Save today for your child's tomorrow!

Every child who is a Massachusetts resident is eligible to receive a $50 deposit into a U.Fund 529 College Investing Plan within one year of their birth or adoption. Click the button below to visit the Fidelity site and create an account!

Open a U.Fund and receive $50

Why save for your child’s future education with BabySteps?

View transcript of BabySteps Savings Plan 

¡Complete su solicitud en español!

Visite el sitio de Fidelity para completar la solicitud en español.

Los residentes pueden abrir una cuenta U.Fund 529 en español. Haga clic en el botón a continuación para visitar el sitio de Fidelity y descargar el PDF para comenzar.

Complete Su Solicitud

Learn more about BabySteps

What is BabySteps? 

We want to help set Massachusetts children on the right path. With BabySteps, families receive $50 to jump-start their child’s future education and training with a children’s savings account.

Who is eligible? 

Every child who is a Massachusetts resident is eligible to receive a $50 deposit into a U.Fund 529 College Investing Plan within one year of their birth or adoption. Families must open a U.Fund account and name the child as a beneficiary.

Still have questions? 

Check out our FAQs to get your questions answered, from eligibility concerns to what the savings can be used for, to how to activate your account.

Attention Adoptive Families!

Adopted children can be a part of BabySteps, too

Families with adopted children just need to fill out this easy form to be verified in order to receive the free $50 deposit. Every child is eligible within one year of adoption, regardless of their age.

Sign up today

Get involved today!

Partner portal 

We invite organizations and community leaders to help spread the word about BabySteps! Visit our Partner Portal to learn how to order free BabySteps materials, host an event, or promote BabySteps on social media with social toolkits.

Thank you to our partners 

The BabySteps Savings Plan is made possible with public-private partnerships through the Economic Empowerment Trust Fund. The founding sponsor of the program is the Hildreth Stewart Charitable Foundation, with additional funding support from MEFA. Visit MEFA's site to learn more.

Become an Enrollment Hub 

Learn how your organization can serve as an Enrollment Hub for families in your network.

Do You Live in Boston?

BPS kindergartners get a Boston Saves account with $50

The Boston Saves program provides an account with $50 to all children entering K2 (kindergarten) at a Boston Public School. This money can be used for their college or career training someday. Plus, families can take simple steps to earn even more!

Learn More

Tools to help you save

MyFinancialLifeMA Learning Lab 

We know you face important financial decisions every day and we are here to help! Complete this playlist today and get equipped with the critical knowledge and skills to make the best financial decisions for your family. As a bonus, you'll be entered into a drawing to win a $25 Visa gift card!

Saving for the future can grow wealth 

Assets are things of financial value, like a savings account, a home, a college/vocational education, or investments, that can have impacts on many parts of your life.

Calculate how savings can increase over time 

Use MEFA's savings calculator to learn how much you can save in total for your child's education, based on your regular monthly contribution. The earlier you start, the more money you'll have when it comes time to pay for your child's future education.

Contact us today!

BabySteps@tre.state.ma.us

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