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Saving for kid's college...

Discussion in 'Money & Finance Forum' started by Freakshow, Mar 30, 2007.

  1. Mar 30, 2007 at 11:28 PM #1
    Freakshow

    Freakshow Fuck you guys.

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    What do you do? I have a couple of UGMA accounts. Think I need to move it to something else. Education IRA? 529 Plans?

    Then I've heard if my kids have a bunch of money in their names, they couldn't get a student loan.

    I haven't researched this at all...and I have a 6 and 3 year old. Time to see if I'm putting the cash in the right place.

    Please advise.
     
  2. Apr 1, 2007 at 1:00 PM #2
    meatpile

    meatpile 7-9

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  3. Apr 1, 2007 at 6:54 PM #3
    VA49er

    VA49er Full Access Member

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    I've looked at 529's etc but I think I'm just going to do an Education IRA for my daughter. Don't think I'm going to try and pay for her entire college tuition though, she's going to have to pay a little herself.
     
  4. Apr 2, 2007 at 5:53 AM #4
    Honeygirl

    Honeygirl Frisky Tart

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    Make 'em pay for the whole thing...:ninja:.
     
  5. Apr 2, 2007 at 8:54 AM #5
    builder

    builder membered member

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    motley fool had a piece on this a couple weeks ago. Do a google for the NPR archives.
     

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