Comments

You must log in or register to comment.

mjarrett t1_jatkfxs wrote

There's no tax benefit to using a WA specific plan, so definitely shop around.

Personally, I use Fidelity's UNIQUE savings plan. Rate of return is decent, but more importantly, Fidelity's investment portal is excellent.

4

scooterpet t1_jat1eb5 wrote

I use dream ahead. In conversation with Fidelity, they said it was similar to theirs. Don’t bother moving it.

1

Capable_Nature_644 t1_jau5rjy wrote

My parents opened up a bank account for me but didn't let me use it at all. They deposited money into it and after a while turned it into a cds and money markets and let it grow until college. Then I was allowed to use it with supervision. This type of thing can easily be managed on your own without any special services.

1

therealalanwatts OP t1_jaup7od wrote

Right but that’s not a tax advantaged account like a 529 account is.

5

kkicinski t1_jaw88ug wrote

My kids’ 529s are with American Funds.

1

anti-zastava t1_jawbhhz wrote

Look at Washington State GET Plan (a guaranteed education tuition plan specific to the state).

1

Rocketgirl8097 t1_jaws5cd wrote

Savings bonds, if used for college tuition, are tax free when cashed. At least used to be.

1