If you have a child, grandchild, or other family member that will be going to college be sure to look at a 529 plan. There are 529 plans for each state and they all offer a little something different. Usually you will get the best benefit from your current state. Some states offer a tax deduction for your contribution or will not count this money in your financial aide calculation. Other things to consider is the investment choices and fees associated with those investments. They vary widely from .19% to well over 1%. Those fees can really add up over the years. Most states allow you to fund any states plans and those plans can be used for a college in any state, BUT be sure to read up on the plan you are considering and your states requirements to use them.
One aspect that you can take advantage of if you currently have someone in college is to put money in the account and get your tax deduction if your state has one. Then you can turn around and pay your tuition with this money. Most states don't have a waiting time but again be sure to read up on your plan and state rules. Some states have not waiting time and you can put the money in one day and spend it the next and then take your tax deduction at the end of year.
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