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re: Treasury notes

Posted on 3/8/17 at 12:38 pm to
Posted by Smalls
Southern California
Member since Jul 2009
10245 posts
Posted on 3/8/17 at 12:38 pm to
quote:

I will likely not need the money for some time (until college


Why not dump it into a 529? Louisiana will give some sort of matching contribution, and the yields should be at least on the level of your savings account, in the most conservative investment.
Posted by CoachChappy
Member since May 2013
32599 posts
Posted on 3/8/17 at 12:49 pm to
quote:

Why not dump it into a 529?


I don't want to ear mark the money for education only. If she gets a scholarship or doesn't need to full amount for school. I don't want to be penalized. If there is extra in the account after college, we will use it for a wedding or car or even help on a first home.
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