The MA plan isn't bad. There are index funds with reasonable expense ratios and Target Date based INDEX funds (be careful - there are managed Target Funds with similar names). The Total Market Index Fund Expense Ratio is only 0.10%.
And the best thing is you get to deal with Fidelity instead of Vanguard - better UI and better customer support. When the time comes you can set up Bill Pay with colleges to make payments directly which always worked well for me.
You get the 2000 State Tax deduction every year along with the other 529 benefits (Tax Free Growth - both Federal and State - of your investments provided they are used for a qualified expenses).
And the best thing is you get to deal with Fidelity instead of Vanguard - better UI and better customer support. When the time comes you can set up Bill Pay with colleges to make payments directly which always worked well for me.
You get the 2000 State Tax deduction every year along with the other 529 benefits (Tax Free Growth - both Federal and State - of your investments provided they are used for a qualified expenses).
Statistics: Posted by SmileyFace — Wed Mar 27, 2024 1:23 pm — Replies 3 — Views 155