Recent College Savings Questions and Answers:
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| What to invest in?
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Depending if you are going to use the monies as soon as they start will be the factor. Consider open 529 plans for the children but you don't want to be to aggr
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| Using my son's mutual fund to pay for education
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Depending on the type of account for your son, UGMA,Coverdell, or 529 will determine how you might want to redeem or move the monies to a less volatile account
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| I want to help my nephew out
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Best is to speak some one personally on financially, so that you can get good understanding on your income/expenses / any possible tax breaks etc.
In general
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| 529 v UGMA v trust
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Your choices if you want to save strictly for college are
529 Plans, UGMAs (Uniform Gift to Minors Account, Coverdell Education IRA)
529 Plans you can put awa
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