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[quote=Anonymous][quote=Anonymous]Any opinions on MD’s 529 plan? Can we invest in total stock market index like the VA one? How are the target date funds there?[/quote] The MD 529 target date funds have high fees! But MD offers a lower fee total stock index and a couple of bond options. I used the target date fund at first, saw the high fees, and switched to a combo of the stock index fund and bonds. MD 529 limits how many inter-fund transactions you can do per year: 2 or 3 times is the limit. I learned this as I tried to transfer money from the high fee target date fund to others. I worry that everyone’s 529s will take a big hit with the looming recession. It’s ridiculous that we need to save six figures from age 0 to send our kids to good school. [/quote]
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