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Backer: Social College Fund

See also: Top 20 alternatives to Backer: Social College Fu

95.252
 337 votes - Finance - First release: 2019-12-11T08:00:00Z

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Description - 4+

* Simple: Start a college fund for your child – or enhance your existing one – in under 5 minutes.
* Smart: Digital investment advice to help you maximize your college savings with tax-free investing.
* Social: Invite family & friends to support your child with gifts and cashback rewards.

Backer is the world’s first social college fund. We’ve already helped families avoid over 50 million in student loan debt. Download now to see why we’ve been featured in The New York Times, The Wall Street Journal, CNBC, People, Forbes, Bloomberg, and more.

“Backer combines crowdfunding, robo-investment advice, and 529 college savings plans... If you don't have a savings plan set up for your budding genius, Backer will walk you through the process.” - The Motley Fool

A MODERN COLLEGE FUND – In just a few minutes, use our tailored digital investment advice to get on track with your college savings, whether you start with an FDIC-insured Backer Safe, open a 529 plan, or connect your existing 529. Set up your own automatic contributions, then supercharge your savings with Backer Gifts™ and Backer Bucks™.

BACKER GIFTS – Backer is all about the community you build to support your child. Easily customize a beautiful gifting page (Backer.com/name) and share it with family & friends for birthdays, holidays, and other special occasions.

Backer families save an average of 40% more with Backer Gifts. Best of all, these "Backers" can contribute regularly and stay in the loop as your family prepares for college.

“This is the perfect solution for parties, holidays, and graduations!” - The College Investor

BACKER BUCKS – Boost your savings with cashback from everyday purchases at 125+ brand-name retailers and services. Your child’s Backers can also contribute their Backer Bucks to help you save even more.

AMAZING VALUE – It’s free to send a gift to kick off or add to a college fund! For families looking for help with saving for their child’s future, we offer the most comprehensive college savings platform for a low monthly fee. To reach as many families as possible, we let you choose your own fee starting at $1 per month (though most choose $5), and that covers your entire family.

CONNECT YOUR PLAN – If you already have a 529 plan account in one of the following states, you can link it to Backer: Arkansas, California, Colorado, Idaho, Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, New York, North Dakota, Pennsylvania, Rhode Island, Tennessee, Utah, Virginia, and West Virginia.

SECURITY YOU CAN TRUST – Your account is protected with bank-level encryption and security practices, including 24/7/365 monitoring. Your money is placed in a state-sponsored account managed by national investment companies or an FDIC-insured account held at one of the largest U.S. banks.

QUESTIONS – Check out our FAQs at Backer.com/help or reach us at [email protected].
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 © 2021.