Personal Investments • Does opening a 529 account as a California resident in 40s make sense at all?

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I also live in California and have not bothered with a 529. We have exceptional public universities, and I expect to just write the checks when the time comes. I may have to take a cheaper vacation those years.

What about a prepaid tuition plan?

Doesn't that lock in today's prices?

Regards,

It locks in a return rate equal to the inflation rate of tuition at the prepaid school (putting aside any default/legal risk) - that may or may not be a good deal for you.

Statistics: Posted by avalpert1 — Sat Sep 07, 2024 9:24 pm — Replies 8 — Views 430

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