LOS ANGELES, CA — Hadley, a new app seeking to make it easy and social to save for school and career training costs, announced today its official launch after a successful beta period. The app, named after Founder and CEO Yosh Miller’s niece, simplifies finding and funding 529 savings accounts, helping others plan for future education and career training expenses without any advisory or monthly subscription fees.
Hadley breaks down systemic barriers that blocked people from starting 529 accounts sooner. Traditionally, parents are the main contributors to their 529 plans and wait on average until their children are seven years old before setting up an account due to the reality that many families face immediate financial needs like daycare and doctor visits that make long-term saving for education more difficult. Now, families can open and link their 529 accounts to Hadley for free, even before their child is born, so others can contribute to it – allowing families to take full advantage of the power of tax-free compounded growth. In turn, Hadley helps families to start saving more, sooner.
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