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Cookiegobbler
My little love bugs!!
Member since 9/05 5759 total posts
Name:
Nicole
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What is the best kind of account to set up for DD?
We have money from her Christening gifts, and we want to put it in some type of account? Any suggestions?
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Posted 8/16/07 3:53 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name:
Stephanie
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Re: What is the best kind of account to set up for DD?
I am setting up a 529 plan....to be used for college. It is the best option for us, no tax consequences if it is used for higher education
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| Posted 8/16/07 4:11 PM |
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Chatham-Chick
*********************
Member since 5/05 10311 total posts
Name:
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Re: What is the best kind of account to set up for DD?
529!
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| Posted 8/16/07 4:13 PM |
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Sassyz75
Turning a new page
Member since 5/05 9731 total posts
Name:
Dina
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Re: What is the best kind of account to set up for DD?
we have the money in an ING acct at 5%.
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| Posted 8/16/07 4:26 PM |
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lvdolphins
My Loves!
Member since 5/05 46292 total posts
Name:
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Re: What is the best kind of account to set up for DD?
We have a 529 plan.
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| Posted 8/16/07 8:40 PM |
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dawnygirl25
Growing up soo fast..
Member since 1/06 14917 total posts
Name:
Dawn
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Re: What is the best kind of account to set up for DD?
Posted by Chatham-Chick
529!
ugh. Dh and I are so clueless with this stuff. would someone mind explaing what a 529 is for me??
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| Posted 8/16/07 9:02 PM |
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lvdolphins
My Loves!
Member since 5/05 46292 total posts
Name:
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Re: What is the best kind of account to set up for DD?
Posted by dawnygirl25
Posted by Chatham-Chick
529!
ugh. Dh and I are so clueless with this stuff. would someone mind explaing what a 529 is for me??
Here is a link to help!
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| Posted 8/16/07 9:04 PM |
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JenBenMen
party of five
Member since 9/06 11343 total posts
Name:
Jen
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Re: What is the best kind of account to set up for DD?
Posted by lvdolphins
Posted by dawnygirl25
Posted by Chatham-Chick
529!
ugh. Dh and I are so clueless with this stuff. would someone mind explaing what a 529 is for me??
Here is a link to help!
www.savingforcollege.com is a good site also
529's are great b/c the $$ can accumulate without tax consequences
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| Posted 8/16/07 9:25 PM |
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beena
Sitting on a tree bench!
Member since 5/05 2429 total posts
Name:
Gina
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Re: What is the best kind of account to set up for DD?
we did the 529 
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| Posted 8/16/07 10:52 PM |
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MommyofG
just the girls
Member since 5/05 9461 total posts
Name:
Janice
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Re: What is the best kind of account to set up for DD?
DD has a 529, and a whole life policy
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| Posted 8/16/07 10:53 PM |
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