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re: Best Plan for Kid's College Funds
Posted on 10/4/13 at 5:56 pm to Outdoor Chef
Posted on 10/4/13 at 5:56 pm to Outdoor Chef
Find yourself a state guaranteed college fund. Do you have family in another state (Mississippi, for example, offers an excellent plan)? Purchase a plan that locks in today's rates. You aren't going to find a safer investment that keeps pace with the inflation of college tuition.
1
Posted on 10/5/13 at 9:15 pm to shutterspeed
MS no longer allows enrollment into the MPACT plan that locks in the tuition. They are planning to open it back up at some point but it won't be the same. Basically they figured out it was too good to be true. Fortunately I got my son enrolled a fee months before they closed it, so we are locked in.
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