for PARENTS
for EDUCATORS

ELEMENTARY SCHOOL PARENTS

As parents, we are our children’s most important teachers. There is a lot we can do to support their learning and help them build a bright future.

Tips for Success

There are some key things you can do to help your elementary schooler succeed. Check out our tips below.

grade-school-icon Tips for Elementary School PARENTS »

Invest in Your Child’s Future

  • Re-evaluate the family’s savings plan as finances change. For example, when child care costs go down when your child enters kindergarten.
  • Help your child succeed by opening a NextGen 529TM account.
  • Make regular contributions to your NextGen 529 account—as little as $25 a month can make a big difference!
  • Encourage family and friends to give the gift of education by making contributions to your child’s NextGen 529 account.

RESOURCES

 


NextGen is a Section 529 plan administered by the Finance Authority of Maine (FAME). Before you invest in NextGen, request a NextGen Program Description from your Merrill Lynch Financial Advisor or Maine Distribution Agent or call Merrill Edge at 1-877-463-9843 and read it carefully. The Program Description contains more complete information, including investment objectives, charges, expenses and risks of investing in NextGen, which you should carefully consider before investing. You also should consider whether your or your designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s 529 plan. Merrill Lynch, Pierce, Fenner & Smith Incorporated, a registered broker-dealer, member SIPC, is the program manager and underwriter.

ELEMENTARY SCHOOL EDUCATORS

Thank you for everything you do to support your students to get them ready for the future! Maine‘s economy in the next decades depends on a highly educated workforce, and instilling aspirations for higher education begins at an early age.

Tips for Success

Get your students thinking about future success with these tips.

grade-school-icon Tips for Grade School Educators »

Invest in Your Students’ Future

  • Incorporate real-life financial education lessons. Find tools and resources via the Jump$tart Clearinghouse.
  • Encourage your students to explore education after high school, future careers, and money management. Download and print or order FAME’s Cash & Max coloring and activity books at FAME’s website.
  • Share information about saving for higher education and NextGen 529TM, Maine’s Section 529 plan. 529 plans are designed to help families prepare for college. Download and share NextGen 529TM posters and brochures. Invite FAME to your school to conduct an information session about saving for higher education and/or NextGen 529.

RESOURCES

 


NextGen is a Section 529 plan administered by the Finance Authority of Maine (FAME). Before you invest in NextGen, request a NextGen Program Description from your Merrill Lynch Financial Advisor or Maine Distribution Agent or call Merrill Edge at 1-877-463-9843 and read it carefully. The Program Description contains more complete information, including investment objectives, charges, expenses and risks of investing in NextGen, which you should carefully consider before investing. You also should consider whether your or your designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s 529 plan. Merrill Lynch, Pierce, Fenner & Smith Incorporated, a registered broker-dealer, member SIPC, is the program manager and underwriter.

 

Elementary School
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