All Questions
5
questions
11
votes
2
answers
1k
views
529 vs IRA for kids education and future scholarship
I have young kids going in preschool. I have already started investing in 529. However, many of my friends mention that if I invest single penny in 529 plan for my kids, they will miss out on any ...
5
votes
4
answers
5k
views
529 (college saving) account for multiple kids
I have a 529 account for my 3-year-old. We just discovered we're expecting another baby. Is it better to open a new 529 for the new baby or just keep contributing to one and then split it later on?
11
votes
1
answer
884
views
How to create a college savings account for a kid without his mom being able to tap into it?
I am divorced with 2 kids. My mom wants to setup a college savings account of some type for my older kid. Last time she did this, she used my kid's SSN and deposited some money. I do not know what ...
7
votes
1
answer
619
views
Long term investing on behalf of newborn
I have some gifts from friends and family for my newborn daughter. I would like to invest these but I don't know what is the best way. 529 plans spring to mind but I don't know what the educational ...
8
votes
2
answers
471
views
Can I start a 529 plan for a child before the child is born?
A recent question got me wondering about this one: Conventional wisdom says "It's never too early to start saving for your kid's college education." But a 529 plan is taken out for a specific person. ...