Tax Update Blog: Permalink
« Previous · Tax Update Blog Home · Next »
Happy 529 College Savings Day!
May 29, 2009
Iowa State Treasurer Michael Fitzgerald has designated today as "529 College Savings Day."
College savings is on my mind right now, as Dan, the older of my two kids, graduates from high school Sunday. He will be pursuing Jazz Studies at Chicago's DePaul University. Hey, we can't all be accountants.
Rob and Dan
Iowa gives an individual deduction for contributions to College Savings Iowa, the state-sponsored Sec. 529 plan. I'm glad I selected their Vanguard "life-cycle" funds, which go progressively to bonds and cash as the beneficiary gets closer to college age -- leaving Dan's college funding in good shape in spite of the stock market debacle.
With family coming to town, posting may be spotty until Tuesday. Have a great graduation weekend. Enjoy Dan's last tune with his high-school Jazz Orchestra in the meantime:
Related: College Savings Iowa: a 529 with an Iowa tax bonus
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=3f6f5f39-c81a-486a-8787-9c10b6e83ea4)
Bookmark: del.icio.us • Digg • reddit
TrackBack
TrackBack URL for this entry:
http://www.rothcpa.com/mt/contages.cgi/717
Tax Updates
Subscribe to Tax Updates
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not necessarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to
Search Tax Updates
Friends and Neighbors
- Becker's Environmental Law Update
- Brett Trout
- Chequer-board
- Douglas Cook’s Arizona Law Blog
- Dustin Wheeler
- Gongol.com
- Insure Blog
- Iowa Banking Law Blog
- Iowa LLC Blog
- IowaBiz.com
- Roger McEowen
- Rush on Business
- Side Notes and Detours
- Social Networking Law Blog
- State 29
- The Bean Walker
- Tusk and Talon
- Will Wilkinson
Economics Nerds
- Cafe Hayek
- EconLog
- Freakonomics Blog
- Greg Mankiw's Blog
- Jr Deputy Accountant
- Marginal Revolution
- Megan McArdle
- Re: The Auditors
- The Knowledge Problem
Tax Nerds
- A Taxing Matter
- About.com
- Andrew Mitchel International tax link
- Bed Buffalos in Your Tax Code
- BenefitsBlog
- California Tax Attorney Blog
- Death and Taxes
- Don't Mess With Taxes
- Farm CPA Today
- Federal Tax Crimes
- Janet Novak
- Leverage/SALT
- Mauled Again
- Missouri Tax Guy
- Our Taxing Times
- Peter Reilly
- Phil Hodgen's Blog
- Smartmoney Tax Blog
- Stacie's More Tax Tips
- Start Making Sense
- Tax.com
- TaxProf Blog
- TaxVox
- Tax Girl
- Tax Guide for Investors
- Tax Guru
- Tax Lawyer's Blog
- Tax Policy Blog
- Taxable Talk
- Taxes in the Back
- Tennessee Tax Guy
- Tick Marks
- Wandering Tax Pro
Gigablogs
Tax Update Data Feeds
Comments
I'm glad to see you brought this up. I'd love to see an evaluation of the funds compared to a TIAA-CREF or Vanguard fund. Why do they all have the exact same (0.52%) expenses? I can't believe a simple bond is as difficult to manage as other investments.
Also, it's hard to stomach the losses when it's your kid's college fund. Why not save for retirement using existing accounts and pay cash for the college later? Shouldn't retirement come before the children's college fund?
Posted by: Brad | May 29, 2009 4:52 PM