When reading articles like this:
http://www.kirotv.com/education/9297347/detail.html
it reminds me that I haven’t started a 529 plan for my daughter. I spent about a half hour trying to figure out which plan is best and also requested information on the Washington state GET program, but I’m starting to get serious about opening a Kansas based 529 plan. It has a decent rating from the people that rate the plans and I can use Schwab to do it. One thing that doesn’t seem appealing is that there seems to be limited choices on what I can invest in.
It’s really all quite confusing. It sure is easier to fund a ROTH or a traditional IRA.
The other thing that I’ve been considering is just paying for her college out of our pocket at the time. By then we shoud have our house paid off, and our net worth should be pretty significant. I’ll probably end up doing a combination of both saving in a 529 plan and make up the difference at the time.