Monday, October 12, 2009

Have you had a good experience with UPromise? Would you recommend it instead of opening a 529 account?

I am asking for a group of families of twins/triplets.


They are concerned that with a 529, they may be adversely


affected if their children receive scholarships (athletic or otherwise) for full tuition.


I don't believe there are that many "full rides" given out.


What is the better choice - 529 or UPromise?


Please provide lots of back-up details!


Thank you!
Have you had a good experience with UPromise? Would you recommend it instead of opening a 529 account?
Upromise works in conjunction with a 529 account. You are somewhat limited in your 529 accounts that you can work with via UPromise. If it is not your state account, then you probably want to do both. You can have a small account for the UPromise rewards and the bulk of the money in the state account.

No comments:

Post a Comment

Blog Archive