Comments on: How Should I Invest For My Kids’ College Education? (Your Advice) http://www.savingadvice.com/articles/2007/05/15/101426_how-should-i-invest-for-my-kids-college-education-your-advice.html Bridging the gap between saving money and investing Sun, 12 Feb 2012 06:29:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: kickstand http://www.savingadvice.com/articles/2007/05/15/101426_how-should-i-invest-for-my-kids-college-education-your-advice.html/comment-page-1/#comment-47040 kickstand Wed, 16 May 2007 14:50:21 +0000 http://www.pfadvice.com/2007/05/15/how-should-i-invest-for-my-kids-college-education-your-advice/#comment-47040 529. Utah has generally been regarded as the best for a number of years. If your kids earn income, you might consider putting an equivalent amount of money into a Roth IRA in their name. 529. Utah has generally been regarded as the best for a number of years.

If your kids earn income, you might consider putting an equivalent amount of money into a Roth IRA in their name.

]]> By: Frugal Momma http://www.savingadvice.com/articles/2007/05/15/101426_how-should-i-invest-for-my-kids-college-education-your-advice.html/comment-page-1/#comment-46958 Frugal Momma Wed, 16 May 2007 10:14:55 +0000 http://www.pfadvice.com/2007/05/15/how-should-i-invest-for-my-kids-college-education-your-advice/#comment-46958 While I am not in as good of a position as you, we still have a mortgage and are almost maxing out 401ks, Roths-we are saving for the kids in 529. If dont want to do a 529 put money atleast into mutual fund or money market accounts, that you can touch when they are in college While I am not in as good of a position as you, we still have a mortgage and are almost maxing out 401ks, Roths-we are saving for the kids in 529.

If dont want to do a 529 put money atleast into mutual fund or money market accounts, that you can touch when they are in college

]]> By: Spokane Al http://www.savingadvice.com/articles/2007/05/15/101426_how-should-i-invest-for-my-kids-college-education-your-advice.html/comment-page-1/#comment-46644 Spokane Al Tue, 15 May 2007 13:34:12 +0000 http://www.pfadvice.com/2007/05/15/how-should-i-invest-for-my-kids-college-education-your-advice/#comment-46644 I agree with the previous comments. A 529 plan with its flexibility to change the recipient from one child to another in the event circumstances change is solution to consider. If you go the 529 route be careful of which plan you choose. Some states offer state income tax advantages for certain plans so that should be something to look at. If your state is not in the above category then I would suggest you consider a plan operated by Vanguard for the rock bottom lowest fees. I agree with the previous comments. A 529 plan with its flexibility to change the recipient from one child to another in the event circumstances change is solution to consider.

If you go the 529 route be careful of which plan you choose. Some states offer state income tax advantages for certain plans so that should be something to look at.

If your state is not in the above category then I would suggest you consider a plan operated by Vanguard for the rock bottom lowest fees.

]]> By: dan http://www.savingadvice.com/articles/2007/05/15/101426_how-should-i-invest-for-my-kids-college-education-your-advice.html/comment-page-1/#comment-46632 dan Tue, 15 May 2007 12:46:18 +0000 http://www.pfadvice.com/2007/05/15/how-should-i-invest-for-my-kids-college-education-your-advice/#comment-46632 I think you may have dismissed 529 plans too easily, but it does depend on the state on how much of a tax benefit you receive. I would stay away from prepaid college unless you're absolutely sure your kids will be attending a certain college. I think you may have dismissed 529 plans too easily, but it does depend on the state on how much of a tax benefit you receive.

I would stay away from prepaid college unless you’re absolutely sure your kids will be attending a certain college.

]]> By: Chris http://www.savingadvice.com/articles/2007/05/15/101426_how-should-i-invest-for-my-kids-college-education-your-advice.html/comment-page-1/#comment-46615 Chris Tue, 15 May 2007 12:21:27 +0000 http://www.pfadvice.com/2007/05/15/how-should-i-invest-for-my-kids-college-education-your-advice/#comment-46615 Why not <a href="http://articles.moneycentral.msn.com/CollegeAndFamily/SavingForCollege/HowUncleSamWantsYouToSaveForCollege.aspx" rel="nofollow">a 529 Plan</a>? Why not a 529 Plan?

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