Section 529 college savings plans are similar in many ways to retirement plans, such as 401 (k) and IRAs, although with much higher contribution limits and more favorable tax status. (finaid.org)
For a better future, however, you not only have to start with higher contributions, you also need to raise the amount you save each year. (janebryantquinn.com)
Most importantly, because both employees and their employers were now paying higher contribution rates, it made the overall compensation structure much worse for all new teachers. (teacherpensions.org)