Category 529
UGMA, UTMA and 529 Plans (vintage post from 2009!)
The following post first appeared on Meyers Wealth Management’s pre-blog “News and Notes” section of our old website — back in October 2009. It is reproduced here all these years later, as still pretty accurate and relevant: A question often comes up amongst folks of a certain age regarding UGMA/UTMA accounts. Namely, since many of […]
Morningstar answers a reader’s question about UGMA accounts
http://news.morningstar.com/articlenet/article.aspx?id=537628 Question: I set up an UGMA for my daughter as a way to help save for college, but now I read that the money in the account could hurt her chances of getting financial aid. Can I cash out the account or move the money to a different type of college-savings plan? If you […]
2011-2012 California College Costs estimates
I recently got some mail from the California 529 plan, called Scholarshare. At the moment, California’s Scholarshare 529 is managed by Fidelity, but that’s about to change, and this may be worth investigating for those who are already in it – if you like Fidelity and Fidelity’s investment options and expenses (and the integration with […]
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