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Savings for Junior
If not, find a good 529 plan--anything that will give you an interest rate that supercedes inflation. Ohh--someone mentioned penalty on an IRA...the penalty ...ANSWERS
See all- We have our daughter's money in a CD. At our Credit Union it is called a certificate plus because you can add money to it. It has a slightly lower interest rate tha...
- We have our kids' money in CD's. Just shop around for the best interest rates, and don't forget to renew them when they mature. They do make money.
- I use the MN college savings plan for my children and my nephews. It's a 529 plan through TIAA Cref. The cool thing is that MN has a matching program for MN residen...