Posted by IndianaTom on January 27, 2009 at 07:33:29 from (74.133.75.50):
In Reply to: OT: US savings bonds? posted by Gun guru on January 26, 2009 at 13:49:08:
There is a 529 plan in our state (Indiana) that lets one contribute to a college fund. $5,000 (or more) can be put in annualy with a max state tax credit of $1,000. This is an immediate 20 % for the initial year. There are various investment options within the plan. U. S. Savings Bonds may not be the best but they are better than some variable annuties my financial planner recommeded. Stay away from the latter. Might want to check the 529 plans for your state.
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