Ways to Save for College

Most people with 529 plans will opt to invest in mutual funds, not because this is their only option but because it is the easy option. However, with a little research, you will find there are a plethora of other investment options available for your 529 plan. These options include:

• Equity indexed investments
• Guaranteed investment contracts
• Fixed income pools managed by the state
• Certificates of deposit

529 plans are limited to switching investment options once per year or with a beneficiary change, so you will want to choose your investment options carefully but do take a look at all available options before making your decision.

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