Inheriting around 40k that i would like to put aside for my kids high school tuition. Kids are in 5th, 3rd and 1st grades. Already been putting into the LA529 program for college, so this would be just for high school.

Where / What would be the best place to put this money in to gain the most interest / return with lowest risk (I know these don't go hand in hand).

The Start K12, a CD, a regular old bank account , something else?

This post was edited on 4/3/19 at 1:49 pm

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Posted by Motorboat

At the camp

Member since Oct 2007

22666 posts

Posted on 4/3/19 at 1:58 pm to Buck Dancer

UGMA account. Unified gift for minor account.

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Posted by jralspanky

Fargo - Home of NDSU Bison

Member since Apr 2009

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Posted on 4/3/19 at 2:14 pm to Motorboat

that may cover one

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Posted by finchmeister08

Member since Mar 2011

35589 posts

Posted on 4/3/19 at 2:18 pm to jralspanky

quote:
that may cover one semester

FIFY

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Posted by Motorboat

At the camp

Member since Oct 2007

22666 posts

Posted on 4/3/19 at 2:26 pm to jralspanky

quote:
that may cover one

OP still has time.

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Posted by notiger1997

Metairie

Member since May 2009

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Posted on 4/3/19 at 2:31 pm to finchmeister08

Tuition at the Catholic high schools down here is around $10k a year

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Posted by LSUFanHouston

NOLA

Member since Jul 2009

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Posted on 4/3/19 at 2:50 pm to Buck Dancer

The new K-12 529 plans might be a good fit here. Investment would grow tax deferred and you can pull out 10k a year tax-free for educational expenses.

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Posted by anc

Member since Nov 2012

18006 posts

Posted on 4/3/19 at 2:50 pm to Buck Dancer

In Trump's America, you can use your 529 for high school expenses. Its the best vehicle.

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