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Schools and Education General Discussion
Reply to "Is is true you can actually loose money on 529 ?"
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[quote=Anonymous]We used the MD prepaid tuition plan for all three of our kids. We were actually able to pay for 5 years of college instead of 4. Total cost was $150K. We also used mutual index funds to save more money and plan to use it as required for college. I did not like the concept of 529 because the timeline for it was not very long for us and there was a chance that we would lose money. I did not want to be in a position that my kids did not go to college because the market crashed. [/quote]
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