Comparing 529 college savings plans

Dec 10, 2006 3 Replies

My niece and her husband (residents of Florida) are planning to start a college fund for their baby daughter (4 months old). They are considering 529 savings plans and also 529 prepaid tuition plans.



Is there a place (web site or magazine or ?) that tracks the individual state plans and compares or rates the various state plans. I am hoping there is a single location keeping track of the returns earned by the individual state plans and publishing the information.



I am also wondering if there are any state plans investing in a basket of index funds. I hope my neice doesn't have my ability to pick mutual funds and other investments that do not beat the index funds they are measured against.



Are there other types of college saving plans to consider in addition to the 529s?



Any comments or opinions on this topic are appreciated.



TIA, Terry



Hello Terry,

I have found the site

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as a valuable resource. They compare and rate plans and there is a fourm for asking questions. I have found 529s to be the best vehicle for our children's college savings.

Good luck, Patrick

tsevers> My niece and her husband (residents of Florida) are planning to start a

Clark Howard recently updated his reviews on 529 plans:

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Thanks for all of this good information. Time to look into 529 plans.

Terry

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