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Money and Finances
Reply to "How old are you and how much do you have saved in retirement?"
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[quote=Anonymous][quote=Anonymous] ITA - My opinion (not a financial advisor, so take it at face value) 529 is another way for the government to take away financial aid from students. .[/quote] That's how I feel. Take away financial aid from students, and also allow these financial companies to make even more money off consumers. Money Magazine (I think) did a survey of all the state 529 plans, and some of them were charging unreasonable fees to put your money with them. Obviously the financial companies could see how much profit there would be in this, and lobbied hard. (probably under the guise of 'oh, this will be GREAT for the consumer!!'[/quote]
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