367 votes - Finance - First release: 2019-12-11T08:00:00Z
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Description - 4+
Welcome to Backer! Create a college fund for a kid you love, invite family & friends to chip in, and watch your savings grow. Join the 100K+ parents and kids we’ve already helped avoid over $500,000,000 in future student debt. TO YALE AND BEYOND! Studies have shown that having college savings can boost educational outcomes. The power of being backed by someone can propel a young person toward the college of their dreams. And that's why we started Backer. To make it simple for families to save smart together for their kid's education. Start a fund today! • SIMPLE - Open a college savings fund for your kid in less than 5 minutes • SOCIAL - Invite family and friends (you kid’s “backers”) to contribute • SMART - Invest your savings tax-free in a top-tier 529 savings plan CUSTOM GIFT PAGES Personalize your kid’s college fund page, then share it with family and friends. When families support each other financially, they are much more likely to reach their savings goals. In fact, the most active Backer families save 4x more by saving together. We send reminders for key milestone moments like birthdays and holidays, so everyone can stay involved. INCREDIBLE VALUE Our pricing is simple. We charge a flat monthly fee of $5 to manage your 529, no matter how much you save or how many funds you start. We won’t charge you until your fund starts to grow, and your first month is free so you have time to make sure Backer is right for you. SECURITY YOU CAN TRUST Your account is protected with bank-level encryption and security practices, including 24/7/365 server monitoring. Your money is placed in a state-sponsored account managed by national investment companies. NEED OUR HELP? Head over to help.backer.com or reach out to our team at [email protected] with any questions you have. Disclosures: This app is operated by Principly, Inc., an SEC-registered investment adviser using the trade name Backer. Investing involves risks, and any account you open or send money to may lose value. Investing in 529 plans in particular involves certain tax considerations and related risks. For disclosures, see backer.com/legal. "Backer" is a registered trademark of Principly, Inc. Copyright © 2022.