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What Kind of College Funds Are Best?
I want to start an investment fund for my daughter (5 months) but just don't know which one is best - a 529, just a regular money market account. ...ANSWERS
See all- KE G, The 529 is going to be your better bet. It is more likely to increase in value compared to the interest rates you are going to earn on a money market account...
- We use 529 plans for our kids. They give you the flexibility of many investing options and the gains are tax free. Some states give you a tax deduction for your con...
- I would talk with your tax man--I talked with mine a little this spring, and I believe that 529 plans can be used for anyone in the family--so if one child doesn't go...