Posts Tagged ‘tax advantages’
Should I invest in a mutual fund or a 529 plan for my child?
The 529 plans that I have found in NY have an average of 3-5% return since inception (2003). I feel that if I invest in a traditional mutual fund, I can get a better rate of return over the next 18 years and this will out weigh the tax advantages of the 529 plan. Is my rational correct?
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