| Why would you use a bank, and not go to a mutual fund family directly? |
| It's essentially a bank account that provides higher returns than traditional savings accounts (starting at 2% APY) and gives you FDIC Insurance protection. |
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For Virginia, go to http://www.virginia529.com/invest/ and open the account there.
The inVEST direct-sold investment product line has age-targeted funds, getting more conservative as your child approaches college age. |
OP here, thank you guys. 529 invest is the one I am leaning towards. |