Sunday, October 09, 2005

Best 529 Plans

One of the most frustrating aspects of trying to figure out about 529 plans is trying to get a good comparison on how they preform and their fees (especially when your still trying to get those first words out). As i was looking for simple guidelines, I stumbled upon Kiplinger's Top 529 College Saving Plans.

Their top choice makes sense to me. Index funds usually perform as well or better than managed funds and have low fees. The question is will any state tax benefits outweigh the extra fees if I decide on a 529 plan. Something I still need to research a bit more.

1 comment:

Chica said...

We have signed up both our kids with 529s. I personally feel that each kid needs to be responsible for their own education, but my husband feels that we are responsible.

We still have some time to figure it out ;)