Now that my debt is paid off – who knows of a good 529 account for my kiddo? Or something else better?

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  • #80766 Reply
    Paul

      Save for your emergency fund first. A 529 plan can be from any state as well.

      #80767 Reply
      Jerel

        Check with a financial advisor. It can depend based on the state you live in. Some are better than others.

        #80768 Reply
        Brooke

          Some are saying state but what if you live in a state with no state income tax (ex Texas) and therefore tax deductions aren’t a benefit for you? Which one to choose then? I was looking the other day but there are so many options!

          #80769 Reply
          Justin

            I’d go with an approved state that your can get a tax credit at the end of the year and has the most investment options. I’m currently using uPromise they are based in NV and my state approves that state as a qualifying educational investment.

            #80770 Reply
            Carol

              Vanguard 529 (Nevada) was rated best when we started it 4 years ago, but they will advise you to check your state first to ensure you aren’t missing out on any state tax advantages. I live in Texas and Vanguard’s Nevada 529 works best for me.

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