Posted by kyhayman on January 26, 2009 at 20:28:25 from (76.177.13.245):
In Reply to: OT: US savings bonds? posted by Gun guru on January 26, 2009 at 13:49:08:
You might want to see if your state has a 157 plan or a prepaid tuition plan. It may be better than a bond. I got my son a bond indexed 157 plan where it works just like a 401K. I also got him a prepaid tuition account. In a nutshell, you paid that year, mine was 2002, what the tuition was and hes guarenteed a that it will pay his tuition when hes ready for school. They have payment plans too, where you can still lock it in. I just couldnt see not paying it up, tuition only goes up. Kentucky has since closed the plan since it was costing them way more than it was earning but other states still have theres going.
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