Which is Better get or DreamAhead?
It’s important to note that GET is ideal for those who prefer a guaranteed return based on the rate of tuition inflation, while the DreamAhead is geared toward those who want to have some control over their college savings investments.
What is the Washington GET program?
The GET program is Washington’s 529 prepaid college tuition plan that helps families with young children save for future higher education expenses. The State of Washington guarantees that the value of your account will keep pace with the cost of college tuition, no matter how much it changes in the future.
What is the best 529 plan for Washington state residents?
We recommend that Washington residents use the DreamAhead 529 plan due to the low fees and plan investment options.
What are get units?
GET was created by the state Legislature in 1997, and allows parents to prepay tuition costs with a tax-free fund. It guarantees that 100 units will always be worth one year of tuition and fees at the state’s most expensive public four-year university.
How does the get program work in Washington State?
Washington’s GET program lets families purchase future college tuition at today’s prices. Families buy GET units — 100 units equal one year of tuition — and the state honors that promise whenever your child attends college. Since 2012, GET account values have remained static because the state froze college tuition.
When did Washington’s guaranteed tuition ( get ) program open?
Select a portfolio type and share class below. Washington’s Guaranteed Education Tuition (GET) Program reopened to new enrollments on November 1, 2017 after a two year freeze in response to the College Affordability Act, which lowered tuition at Washington’s public higher education institutions.
Is there a Washington State prepaid college plan?
Washington’s GET Program is one of only a few state prepaid college tuition plans in the country with a guarantee in state law ( RCW 28B.95.050 ).
How are get units used in Washington State?
Families buy GET units — 100 units equal one year of tuition — and the state honors that promise whenever your child attends college. Since 2012, GET account values have remained static because the state froze college tuition. I fully supported this policy because lower college tuition helps all Washington families.
