19: Set up CollegeSavings accounts for kids

So that money is set aside and you get tax advantage

Steps

Name/ID	Why/Desc/Context
Pick which account type (529c, Coverdell, etc.) (20)	In most cases 529c is best, but do some reading
Pick state to create accounts in (21)	Usually the state you live in, but there are exceptions
Create and fund accounts (22)	Front-load as much as you can afford
Get other people to add funds to accounts (23)	Front-loading can put off when you have to ask again
Allocate funds to investments (24)	Index funds are often your best approach

Public Notes/Forum

Member	Note	Posted

Resources

Type	Name	Description	Price
Article	Stewart, James B. Influence of Money Market Funds Ended Overhaul	Money-market funds aren't as safe as they seem, and are hiding their risks from you.	$0
Article	Wealthfront 529 Plans and Saving For College	Good intro to 529 and related plans	$0

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