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Reply to "529 question - Maryland. Advice needed!"
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[quote=Anonymous]I have two daughters, a 3-year-old and a newborn. We still haven't opened a college savings plan for our firstborn because.. life was just too busy: we bought a house, I went to grad school, etc. Now that I am on maternity leave, it's time. We live in MD and do not plan to move. We can probably contribute 3-5K for each child a year without breaking the bank. I do want the kids to go to a state school because I want them close to me (I left my parents to come to the US when I was 20, and still regret the decision.. But I now have a family here, so I am not moving back) and because the tuition is lower. I read the description of MD plans, and it's still confusing. If you live in MD, could you please let me know what you chose and why? How much do you contribute a year? Any advice?[/quote]
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