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Reply to "Saving for college: keep in your reg investments or separate just for college"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We do "zero coupon bonds" instead of the 529 at the advice of our financial advisor. It's been a pretty good ride so far. She's four and we have $80,000 (value at the time of maturity) in it, and believe me, we aren't rich.[/quote] Do you hold these in a 529 account? Otherwise sounds like a tax nightmare waiting to happen.[/quote] You can read about it here; I'm not entirely sure of the logistics but our financial guy worked out a tax structure so we don't get reamed. Worth looking into if you're interested: http://en.wikipedia.org/wiki/Zero-coupon_bond [/quote]
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