Hi. Noob here. Would someone ELI5 the 529 plans? I have some kids that I have some college savings accounts for, with garbage interest rates. Vanguard was recommended by family, so I checked out their website. What is this Nevada versus my own state? Why would I do a 529 in Nevada and not where I live (PA)? My kids will most likely attend college in state. Its doubtful I will have the full costs covered by the time they graduate high school, but it would be something to help them out. Should I not do a 529? I am not pushing college necessarily, I just want them to have some options when they fly the coop. Any help would absolutely be appreciated.
Submitted October 19, 2021 at 10:35AM by Meowmixx22 https://ift.tt/3pdcFD3