Now that my debt is paid off โ€“ who knows of a good 529 account for my kiddo? Or something else better?

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  • #80764 Reply
    Lynzi

      All suggestions would be great.

      #80766 Reply
      Paul

        Save for your emergency fund first. A 529 plan can be from any state as well.

        #80767 Reply
        Jerel

          Check with a financial advisor. It can depend based on the state you live in. Some are better than others.

          #80768 Reply
          Brooke

            Some are saying state but what if you live in a state with no state income tax (ex Texas) and therefore tax deductions arenโ€™t a benefit for you? Which one to choose then? I was looking the other day but there are so many options!

            #80769 Reply
            Justin

              I’d go with an approved state that your can get a tax credit at the end of the year and has the most investment options. I’m currently using uPromise they are based in NV and my state approves that state as a qualifying educational investment.

              #80770 Reply
              Carol

                Vanguard 529 (Nevada) was rated best when we started it 4 years ago, but they will advise you to check your state first to ensure you aren’t missing out on any state tax advantages. I live in Texas and Vanguard’s Nevada 529 works best for me.

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              Reply To: Now that my debt is paid off โ€“ who knows of a good 529 account for my kiddo? Or something else better?
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