Does it matter what bank I open 529 at?

Anonymous
Why would you use a bank, and not go to a mutual fund family directly?
OTAlexFA
Member Offline
It's essentially a bank account that provides higher returns than traditional savings accounts (starting at 2% APY) and gives you FDIC Insurance protection.
Anonymous
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.

Anonymous
Anonymous wrote: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.
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