By: Patrick
What is your opinion of ETF based plans? I have the Maine 529 and use the age based iShares option.
View ArticleBy: White Coat Investor
I don’t have any problem with ETFs in general, nor with iShares ETFs in particular. Maine has two plans, one sold through advisors, and one directly sold to the consumer. You can imagine which I would...
View ArticleBy: Marc
I was told by one financial adviser that if you live in CA, and use a 529 plan based in any other state, that the earnings on qualified withdrawals will be taxed by the state of CA (though not by the...
View ArticleBy: Omid
Any updates especially those helping us California folks? Still no tax breaks for us?
View ArticleBy: The White Coat Investor
In reply to <a href="https://www.whitecoatinvestor.com/best-529-plans-reviews-ratings-and-rankings/comment-page-3/#comment-693701">Omid</a>. I don't know of any changes to California 529 laws.
View ArticleBy: Ian
Can, say the grandparents, open a 529 in their state for their granddaughter/grandson and get a tax deduction for themselves? If you are using the standard deduction can you use this as a deduction...
View ArticleBy: The White Coat Investor
In reply to Ian. Yes. Yes. Only for the state. No, that’s not the way a deduction works (that would be a credit). Basically, a $1,000 tax deduction means that you don’t pay taxes on that $1,000. So it...
View ArticleBy: Stephanie
I’m not seeing an option to purchase Vanguard funds in the Utah 529. If I choose “customized static” there are just funds that start with “UT”. Is this new? I’m thinking UTVTX with the underlying fund...
View ArticleBy: The White Coat Investor
In reply to <a href="https://www.whitecoatinvestor.com/best-529-plans-reviews-ratings-and-rankings/comment-page-3/#comment-696533">Stephanie</a>. The tickers are relatively new, but yea,...
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