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Schwab 529
Posted on 1/15/10 at 2:18 pm
Posted on 1/15/10 at 2:18 pm
Looking to set up a 529 for our Daughter, We currently have a Roth through Schwab and seems to be a user friendly site. Anyone have any experience with Schwab's 529 plan, Thanks in advance.
1
Posted on 1/16/10 at 8:57 am to cmoxon
529 plans are state sponsered, so you may not be able to enroll through Schwab. I would suggest doing some research here - Saving for College.
Also, keep in mind that some 529s require a broker to set up, but some (for ex, Louisiana's plan) you can set up on your own. Depending on where you live, you may get tax benefit's for enrolling in your state's plan. There are also plans in many states that allow non-residents to enroll.
Good luck
Also, keep in mind that some 529s require a broker to set up, but some (for ex, Louisiana's plan) you can set up on your own. Depending on where you live, you may get tax benefit's for enrolling in your state's plan. There are also plans in many states that allow non-residents to enroll.
Good luck
Posted on 1/16/10 at 2:23 pm to Eyeball
Thanks, Probably ned to do more research before diving in.
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