education plans
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Saving for Education
Asked by A.W. from San Francisco
on April 4, 2008
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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 also want something that is a liquid asset so I plan ...
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 (...
- The great thing about the 529 is that you can use it for anything education related, not just college. If you decide your kid should go to a private school, you can wi...