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re: Is 529 best option for building college savings??

Posted on 8/5/13 at 10:36 am to
Posted by yellowfin
Coastal Bar
Member since May 2006
97819 posts
Posted on 8/5/13 at 10:36 am to
quote:

Right, you can't even roll that money to another family member if the child ends up being dumb.. oh wait.


I'm pretty sure you can
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3817 posts
Posted on 8/5/13 at 10:43 am to
You can. Sarcasm font.

However, I do agree with the 529 being somewhat inflexible. I also don't like the idea of a custodian account since when he turns 18, it's his. I'd prefer it to continue to go through me. It's my money, it's simply earmarked for him.

I'm simply planning to diversify. I'll put a little in a 529, save some in a brokerage under my name, and hopefully can pick up a rental unit.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65067 posts
Posted on 8/5/13 at 11:02 am to
quote:

I'm pretty sure you can


Slow arse fricker.
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