Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

College Plans You Thought Were Safe

Saturday, April 2, 2011 - 6:36 AM
From the New York Times:
It is in Illinois, however, where the discussion over what a state owes its families has become most intense in recent weeks, as scores of families in one of its 529 college savings plans realize that they may not get the returns that they thought the state had promised them.

At the end of the article, the importance of diversification is stressed. Whether the money is for college or retirement, don't put all your faith in any one investment.
4
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,077
Reply