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Thread: 529 College Savings Accounts

  1. #13

    Join Date
    Sep 2010
    Location
    Honolulu, HI
    Posts
    8

    Default Re: 529 College Savings Accounts

    Great info everyone! I'm not trying to hijack the thread, but I have a related 529 question.

    Is your child required to attend a school within the state of the 529 plan? Or can the plan be used anywhere? For example, if I start a 529 plan for my kids through Georgia, are they required to go to a university in Georgia?

    Any guidance is greatly appreciated.

  2.  
  3. #14

    Default Re: 529 College Savings Accounts

    Quote Originally Posted by CountryBoy View Post
    Yeah we use one and between it and our daughters academic scholarship paying for her college has been pretty painless free. You can google best 529 plans and get a lot of info. In just the past month some financial/money emag/website or e newspaper had a great article and rated all the states, at least the top ten and bottom ten. But for the life of me I can't seem to find the article. It was in business week or marketwatch, morningstar etc, one of those I look at for stock info. And you don't have to invest in the 529 plan in the state you live in.

    http://news.morningstar.com/article/...collegesavings

    The above link is the one I'm thinking of. It popped in while I was writing this. But anyhoo, ya can't swing a dead cat without hitting a best of website, but the one above is a good one.

    CB
    COD, Believe this info from CB may help with your question.

  4.  
  5. #15

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,975

    Default Re: 529 College Savings Accounts

    A good reason to utilize this investment path for kids:

    Student Loan Interest Rate increase July 1st
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    100%- I Fund

  6.  
  7. #16

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: 529 College Savings Accounts

    My daughter collected her spending money by joining Army ROTC - then they eventually paid for her MBA.

  8.  
  9. #17

    Default Re: 529 College Savings Accounts

    That link doesn't work anymore.
    Here is a listing of 529 articles on Morning Star.
    Search Results: 529

    Quote Originally Posted by CountryBoy View Post
    Yeah we use one and between it and our daughters academic scholarship paying for her college has been pretty painless free. You can google best 529 plans and get a lot of info. In just the past month some financial/money emag/website or e newspaper had a great article and rated all the states, at least the top ten and bottom ten. But for the life of me I can't seem to find the article. It was in business week or marketwatch, morningstar etc, one of those I look at for stock info. And you don't have to invest in the 529 plan in the state you live in.

    http://news.morningstar.com/article/...collegesavings

    The above link is the one I'm thinking of. It popped in while I was writing this. But anyhoo, ya can't swing a dead cat without hitting a best of website, but the one above is a good one.

    CB

  10.  
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