As 529 Plan Balances Shrink, Parents May Want to Consider This Investment to Build College Savings

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The average 529 plan balance has shrunk in recent month. Some financial advisors say I bonds may be worth considering as an alternative.

Trump Had a Direct Role in Plan to Install Fake Electors. Key Takeaways From the 4th Jan. 6 HearingYet there are bonds worth considering for college savings. Series I Savings Bonds may be a viable alternative to 529 plans, some financial advisors say.

"Because it's making so much interest, and it's guaranteed by the federal government, that is one of our safest best investments right now," said CFP Stephanie Lee, founder of East Rock Financial Services in San Francisco.You can own an I bond as long as you have a Social Security number. Parents can buy up to $10,000 a year of I bonds for themselves and each of their children on the U.S.

So if your child is close to college age, I bonds may not be the wisest investments because of the stipulations on investments, Lee said.

 

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sharon_epperson

sharon_epperson aku yakin masing-masing negara asean akan mengirim utusan kedepannya....

sharon_epperson Matching ones time horizon to their asset allocation is a crucial component of investing. Many people miss that point.

sharon_epperson Boycott Tesla

sharon_epperson Do 529s require you to be able to time the market?

sharon_epperson Why not talk about demolished 401ks, among other investments?

sharon_epperson Never worked before anyway

sharon_epperson The city of Mahabad is under attack with heavy artillery and IRGC is shooting at the houses of innocent people! The Islamic Republic is slaughtering innocent people! Be the voice of the people of Mahabad! HosseinRonaghi

sharon_epperson Why save at all. Seems like the message is just get a loan and then have the Government forgive it.

sharon_epperson the city of Mahabad with heavy artillery and is shooting at the houses of innocent people! The Islamic Republic is slaughtering innocent people! Be the voice of the people of Mahabad! MahsaAmini IranRevolution

sharon_epperson the city of Mahabad with heavy artillery and is shooting at the houses of innocent people! The Islamic Republic is slaughtering innocent people! Be the voice of the people of Mahabad! MahsaAmini IranRevolution

sharon_epperson Yes but now is the time to be putting money into it. So when the market grows again that money can grow too

sharon_epperson acorns get your employer to pay for college

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