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NY 529 Direct Plan vs. Advisor Plan?
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Tfor3
LIF Infant
Member since 9/06 291 total posts
Name:
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NY 529 Direct Plan vs. Advisor Plan?
Does anyone know the difference? I didn't even realize there were two. Apparently the Advisor Plan is broker sold and the other is not. The Advisor plan also has higher contribution minimums. But I'm not sure which is better to go with. Anyone know?
Thanks
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Posted 5/13/09 1:39 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
JenBenMen
party of five
Member since 9/06 11343 total posts
Name:
Jen
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Re: NY 529 Direct Plan vs. Advisor Plan?
I have the direct plan and I allocate aggresively since DS is 2. If you want broker advice go with the advice one...although I am unsure how helpful they are
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| Posted 5/13/09 1:40 PM |
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CookiePuss
Cake from Outer Space!
Member since 5/05 14021 total posts
Name:
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Re: NY 529 Direct Plan vs. Advisor Plan?
Some of the big differences are...
One use Vanguard as a subadvisor and one uses Columbia.
Also, one is a no load fund and one is loaded unless the load is being waived for a specific reason.
Message edited 5/13/2009 1:43:05 PM.
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| Posted 5/13/09 1:42 PM |
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