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financial advice

Posted By Message

aliwnec10
mom of 3 boys

Member since 4/06

11426 total posts

Name:
Ali

financial advice

We have a small chunk of change that was given to my sons and i'd like to do something with it to make the most of it for them. It's currently in savings account.

Should i dump it into their 529 plan?

I have no knowledge about stocks, nor the time to really learn/control moving money.

any advice would be appreciated.

Thank you.

Posted 7/18/12 3:34 PM
 

Peainapod
Peanuts are here!

Member since 1/09

13591 total posts

Name:
Diana

Re: financial advice

thats where I have all of DS's money as well that he received as gifts.

for now I figured it was the safest bet.

Posted 7/18/12 7:12 PM
 

aliwnec10
mom of 3 boys

Member since 4/06

11426 total posts

Name:
Ali

Re: financial advice

Posted by Peainapod

thats where I have all of DS's money as well that he received as gifts.

for now I figured it was the safest bet.



in his 529 plan?

Posted 7/19/12 7:25 AM
 

Peainapod
Peanuts are here!

Member since 1/09

13591 total posts

Name:
Diana

Re: financial advice

Yes, I have a 529 Plan set up with the state of PA where we live. I believe its the 529 Guaranteed plan which is tied to the rate of college tuition inflation.

each state is different I believe with the type of accounts they offer.

Posted 7/19/12 7:58 AM
 

MrsDrMatt
Live and RUN like a Ninja!

Member since 5/06

3104 total posts

Name:
MrsDrMatt

Re: financial advice

nevermind

Message edited 7/19/2012 8:38:50 AM.

Posted 7/19/12 8:38 AM
 
 

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