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Reply to "529 plans - how to start?"
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[quote=Anonymous][quote=Anonymous]MD plan is guaranteed by the state legislature. In other words, there is more security and money is kept aside each year in MD budget to fulfill the prepaid MD plan obligation to consumers. No other state offers that. We went with MD Prepaid plan because we wanted some kind of "Worst Case" scenario guarantee in making sure our kids at least got a college education. I did not want to lose college money if the market collapsed. As it turned out our Plan B turned out to be the best Plan A. [/quote] OP here - this is very helpful info, thanks! Not to say the rest of y’all weren’t helpful, just no one else offered this particular info ?[/quote]
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