Etrade 529 College Savings Plan
A 529 plan is a tax advantaged savings account designed to be used for the beneficiary s education expenses.
Etrade 529 college savings plan. A 529 plan can be a good tool for college savings but don t forget about other options that might work just as well or even better. Bank products and services offered by e trade bank and e trade savings bank both federal savings banks and members fdic. To view multiple plans click on compare 529 plans. Click on the name of a state below to view summary information about that state s 529 plan s.
This step by step guide to opening a 529 college savings plan makes the process easier for parents and grandparents to save for college. All separate but affiliated subsidiaries of e trade financial corporation. 529 college savings plans are the most common type. See also separate specific step by step guides to opening a 529 plan in california florida new york and texas.
Do not open a 529 account for your child until you ve done this. The cost of a college education is a scary proposition for all but the most affluent of parents. Vanguard 529 college savings plan nevada this plan offers a large number of vanguard index funds at some of the 529 industry s lowest prices. When choosing a 529 plan you should always consider your home state plan first as your state may offer state tax or other benefits to residents.
A 529 plan comes in two broad varieties a prepaid tuition plan and an education savings plan. 7 tips on saving for college as a teen. Contributing over time to a 529 savings plan can go a long way toward ensuring that your children. Flexibility use the money in your 529 for a wide range of educational expenses including college expenses k 12 tuition certain apprenticeship costs and even student loan repayments.
When you open a td ameritrade 529 college savings plan you ll have access to a range of investment choices to select from including portfolios with funds from some of the most well known fund families. The td ameritrade 529 college savings plan investment options. A prepaid tuition program allows you to purchase college credits at today s prices for future use.