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what's better. 529 plan or esa plan?

I can't decide...

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Cannuh08

Asked by Cannuh08 at 8:07 PM on Apr. 13, 2010 in Money & Work

Level 1 (0 Credits)
Answers (1)
  • ESA's if your income let's you qualify for it. 529 plans are kinda like 401Ks (minus the match) you have only a handful of options for how to invest your money. ESAs are like IRAs in the sense that you can invest it wherever you want. 100% bonds, that's fine. 100% stocks, that's fine too. Whatever you feel comfortable with.
    Anonymous

    Answer by Anonymous at 3:04 AM on Apr. 14, 2010

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