I have a five year old son and want to start saving up for his college education. I can already tell he is very smart and college material. I'm looking into the 529 fund and want to hear what you recommend. I live in Alabama. One person suggested even with the tax deduction it may be better to invest in other states that have historically had higher yields and then transfer to Alabama when he's a junior in high school.
It a 529 fund a good idea to start with? It is worth looking at investing in other states?
Thank you for any input!!
It a 529 fund a good idea to start with? It is worth looking at investing in other states?
Thank you for any input!!
Statistics: Posted by Leah/Banks — Thu Sep 26, 2024 4:34 pm — Replies 2 — Views 182