tintinParticipantStatus: SpousePosts: 20Joined: 01/07/2019
We live in Texas and we are rolling over around 140K to a new The Vanguard 529 Plan (sponsored by Nevada).
Our kids are 8 years and 10 years away from college.
Any suggestions for investment options with The Vanguard 529 Plan?
Vanguard offers age based options and individual portfolio optionsJanuary 9, 2019 at 9:58 am MST #179875PedsParticipantStatus: PhysicianPosts: 3050Joined: 01/08/2016
Why not just the age based TDF?January 9, 2019 at 10:12 am MST #179878tintinParticipantStatus: SpousePosts: 20Joined: 01/07/2019
@peds, good idea. It may be the simplest option. BTW, can 529 funds be used for medical school (if kids decide to go down this route), graduate school etc. or can you only pay for 4 year college after high school?January 9, 2019 at 10:19 am MST #179880GParticipantStatus: Physician, Small Business OwnerPosts: 1320Joined: 01/08/2016
Age based, though do take note that they get ultra conservative pretty fast. I have mine in aggressive and will probably leave there til 3rd year of college pending plans for my kid, likely changing back to 100% equities.
529 can be used for pre-college, college, or post-college education expenses.toothshuckerParticipantStatus: DentistPosts: 2Joined: 12/20/2018
You can pay for any schooling. I think you can even pay for private K-12 school with the changes made to 529s this year.
I just put all my kids 529 investments into the “aggressive” age based option. Set it and forget it type stuff for me. Mine are a lot younger than yours, so you very well may find something else more appropriate for your situation.