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https://www.morningstar.com/articles/950079/rating-the-top-529-college-savings-plans
Bowl Leader
First, check if your state has any deductions/credits for contributing to 529s. If so, does it need to be your own state to get that benefit?
If no to either, hard to go wrong with the golds on Morningstar list above. We went with Vanguard and can see and manage both the plan and my spouses IRA on a single login.
For our second, we had a bonus offer for my state's plan I think for 529 day (May 29) where new accounts get a bonus if you set up recurring monthly contributions. Several states run these and I think they are usually in May and then again in the fall. It is also a good plan. Don't let a small bonus convince you to choose a poorly rated plan.
California offers zero reason to go with the local option. We went with Vanguard in Nevada or Utah or something like that.
Yeah we’re in CA and I was wondering if there was a disadvantage of not getting a 529 here if we also plan for our child to study in state. Seems it’s better to go to an out of state 529 plan (e.g. Nevada).
Vanguard’s 529 plan is administered by Nevada. I went with that one.
Michigan, Vangaurd Index
Enthusiast
my own states because of the tax benefit and they offered lower expense ratio funds