Welcome to the Financial Education Center!

We know you face important financial decisions every day and we are here to help! This program will equip you with the critical knowledge and skills you need to make the financial decisions that are best for you.

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BabySteps Savings Plan

The BabySteps Savings Plan is Massachusetts’ first statewide seeded college savings account program, designed to empower families to plan and save for their children’s higher education. With the launch of BabySteps, every child born or adopted after January 1, 2020 who is a Massachusetts resident, will be eligible within one year of birth or adoption to receive a $50 seed deposit into his or her U.Fund account from the State Treasurer’s Office. Families simply need to open a U.Fund 529 College Investing Plan account to receive their funds.

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