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Reply to "Which 529 to choose for VA residents?"
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[quote=Anonymous]The va invest has several vanguard funds, so I would not expect vanguard index funds in one program to outperform/underperform the same vanguard index funds in another program. For va invest you can deduct up to 4K per contributor/beneficiary/investment combination. So if you put 4K into each of the following you could deduct 24k/year: Husband/child/investment 1 Husband/child/investment 2 Husband/child/investment 3 Wife/child/investment 1 Wife/child/investment 2 Wife/child/investment 3 With vanguard index funds, a very generous deduction (5.75% immediate return on your investment), and only a small admin fee, there really isn't a reason not to do the invest program. [/quote]
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