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College Savings Accounts

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MrsQ0520
LIF Adolescent

Member since 12/11

589 total posts

Name:
L

College Savings Accounts

DH And I would like to start a college savings account for the new baby.
do any of you have any savings accounts like this? did you do your own, or a 529 style plan? the 529's kind of confuse me.
but i know i can deduct my contributions if i have a NY plan (that's another thing - how are these so different from state to state?!)


are there any other options besides a savings account, and a 529?

any opinions are welcome!

Message edited 10/31/2016 2:46:08 PM.

Posted 10/31/16 2:45 PM
 
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njbound07
LIF Adolescent

Member since 4/07

799 total posts

Name:
pimpette

Re: College Savings Accounts

Posted by MrsQ0520

DH And I would like to start a college savings account for the new baby.
do any of you have any savings accounts like this? did you do your own, or a 529 style plan? the 529's kind of confuse me.
but i know i can deduct my contributions if i have a NY plan (that's another thing - how are these so different from state to state?!)


are there any other options besides a savings account, and a 529?

any opinions are welcome!



We went with Fidelity and opened an acct online. however, you can go to T Rowe Price or through your bank.

Posted 10/31/16 3:27 PM
 

MrsQ0520
LIF Adolescent

Member since 12/11

589 total posts

Name:
L

Re: College Savings Accounts

thanks! was it a special 529 plan? or just a regular mutual fund/savings type account?

Posted 10/31/16 3:30 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Does anyone NOT have a college savings account for their kids? ChilisWife 10/15/16 67 Families Helping Families ™
Is there a benefit to opening multiple 529 College Savings plans for your child? NASP09 1/17/14 11 Families Helping Families ™
529 College Account or a tradtional savings account for new baby? kerrycec03 2/11/09 2 Parenting
spinoff to College Savings Accounts Mags1227 10/17/16 11 Families Helping Families ™
NYS 529 college savings plan sunny 12/17/05 3 Parenting
College Savings betty 10/17/05 13 Parenting
 
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