By Jodi Golden
Director, CollegeChoice 529 Savings Plans
October 25, 2012
It’s October so you know what that means – pumpkins, trick or treating, costumes and scary activities! For children, haunted houses and ghost stories from the past may scare them. Mom and Dad however, may be scared of the “what ifs” of the future: how will we save for retirement? Or for our children’s education? There are some scary tidbits out there:
(Part 3 in a blog series focusing on prepaid tuition plans)
By Betty Lochner
Director, Guaranteed Education Tuition (GET)
October 19, 2012
Last week, we took a look at some unique features of Prepaid Tuition Plans. In this last part of our Prepaid Tuition Plan series, we’ll take a final look at some additional features of this type of 529 plan.
(Part 2 in a blog series focusing on prepaid tuition plans)
By Betty Lochner
Director, Guaranteed Education Tuition (GET)
October 15, 2012
Last week, we introduced you to Prepaid Tuition Plans and gave you some Fun Prepaid Facts. For the next two weeks, we’ll take a closer look at some unique feature of prepaid plans. If your state offers a prepaid tuition plan*, make sure you check out the special features that are offered. If you consider an analogy to retirement plans, Prepaid plans are designed to be a “defined benefit”, as opposed to 529 savings or investment plans which are more like “defined contribution” plans. The defined benefit of a Prepaid plan (which varies by state) may prove to be better or worse than a similar investment in a 529 savings plan, depending upon investment performance and tuition increases during that time.
(Part 1 in a blog series focusing on prepaid tuition plans)
By Betty Lochner
Director, Guaranteed Education Tuition October 5, 2012
As director of Washington’s Prepaid Tuition Plan, I often hear parents say, “We decided to put our money in a 529 College Savings Plan instead of GET.” To which I always reply, “GET is a 529 college savings plan.”