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Contributed by mm | September 15, 2006 8:37 AM PST
It is Kiplinger's recommendation in 2003, so many things may have changed.
From Kiplinger's Personal Finance:
Our favorites are those plans we think you should consider if your home state's plan doesn't suit you. There's no perfect plan.
For conservative investors: TIAA-CREF plans are a good choice -- especially Michigan' and Minnesota's plans, which have very low expenses and have performed well.
For aggressive investors: Take a look at Iowa's and Utah's plans and Nevada's recently introduced Upromise plan, all of which use low-cost Vanguard index funds. (The latter has the broadest array of investment options.) Pennsylvania's plan stands out for strong across-the-board returns.
Buying through a broker: You're being served well if you're directed to Virginia's or West Virginia's plans, which have attractive investment choices. And while it's not marked a favorite, the District of Columbia's new plan is worth a look for those who like socially screened mutual funds.
What do you think of this post? Be the first to share your opinions.
Enjoy the latest personal finance news and commentary at PFBlog Network.
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Different Types Of 529 Plans (September 15, 2006)
Do you know there are actually two types of 529 plans with completely different characteristics?
Best 529 Plans (September 15, 2006)
Wondering how to choose from the dozens of 529 plans available in the market? Kiplinger picked the following four plans as the best of the pck.
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