Sumday

Sumday provides a comprehensive overview of various state-sponsored savings programs aimed at enhancing financial security for individuals. The platform focuses on three primary types of programs:
1. State Auto-IRAs: These are designed to assist individuals in saving for retirement with automatic enrollment features in participating states. Each state's program has specific details and conditions that can be explored further through dedicated links.
2. College Savings Plans (529): Sumday outlines the benefits of 529 plans, which allow for tax-advantaged savings for education. Users can find state-specific information regarding contributions, investment options, and withdrawal conditions.
3. ABLE Accounts: These accounts provide individuals with disabilities the opportunity to save for disability-related expenses without losing eligibility for public benefits. Sumday offers resources and links to relevant state websites for more detailed information.
The site aims to guide users through understanding these programs, highlighting that all investment content is for informational purposes and carries inherent risks. Users are encouraged to reach out to the respective state program websites for FAQs, contact details, and additional support resources.