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Financial Advisers Questions

Updated May 28, 2012

Q: Saving for Education —South San Francisco, CA

"I am wanting to open up an education account for my 7mos old and wondering if 529 is really the best way to go. I als..."

Answers:

A 529 plan is a real blessing, but it is meant for college or post secondary education only. This is the way it works...you put in money and it grows tax free. You c...

Hi A., Our accountant set up 529 accounts for our kids. We contributed for one year. They continue to perform quite well. However... There will always be someone (...

6 more answers >>

Q: Child Care Costs —San Francisco, CA

"Hi Ladies, I'm a local financial advisor doing financial planning for the first year thru college for my clients. ..."

Answers:

Hi, I work full time and I have four children in day care in the El Sobrante area. I pay $625.00 a week for the four of them!

When we were living in SF we had a nanny, that was about $2000 a month, we moved to the east bay and had a small family style day care that was about $1500-1600 a mont...

3 more answers >>

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