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McRae: Back to School and Back to Saving | State Treasury of Mississippi

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Newsroom McRae: Back to School and Back to Saving With each new school year, our family falls into new habits. We figure out new breakfast routines, new drop-off routines, new afterschool activity routines. It takes a bit of adjustment in the beginning, but soon enough it’s second nature. For many families, I think that’s similar to how they feel when they begin seriously saving for their child’s college. It takes a little adjusting, but once you make it a habit, it’s second nature. Each year, school bells help ring in the open enrollment period for the State Treasury’s Mississippi Prepaid Affordable College Tuition (MPACT) plans. These plans allow families to lock in today’s tuition rates and prepay their child or grandchild’s way through college. While you can open a plan like this at any age, it’s a habit that is best when you start e...

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