Reply to Is there a better vehicle than 529 for college savings right now?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The kids have 529s that we contribute to monthly and I would like to increase the amount we are saving for their college.

Is it best to add the extra amount to the 529 or should I put it in another vehicle? Any pros or cons either way?

Kids are in 9th, 6th, and 3rd grades right now - and I could do CD or something else - don’t mind tying the money up for a longer time if that would give a good rate. [/quote]

I wish I knew.  I've been underwhelmed with our 529 results the past couple years.  We don't plan to fully fund the 529 and will pay some out of pocket or with our S&P index funds.  I'm not convinced 529s are a good investment and I've been investing in them for a decade. [/quote]

Why not?

Pick a 529 that is aggressive if you want to earn more.  The tax benefits are great. [/quote]

NP. What tax benefits?! [/quote]

The gains build up tax free and you don't pay capital gains when you withdraw as long as you use it for qualified expenses. It's an amazing tax benefit,[/quote]

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