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Reply to "Roth IRA to pay for kids' college vs. 529"
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[quote=Anonymous]Can't believe so many anti-529ers. What fees are you referring to? Here it is for MD: http://files.collegesavingsmd.org/cip_disclosure.pdf#page=5 It's $10/year _if_ you have below a certain amount _and_ you do not have automatic monthly payments set up. Then there are fund fees, but most mutual funds will have that as well. But meanwhile, you get a big state tax benefit AND relatives can contribute and take their OWN tax benefit. So if grandmother wants to set up a fund for her granddaughter, the grandmother gets the tax benefit. [/quote]
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