Sentences with phrase «college in my taxable brokerage account»

As a quick refresher, I was looking for some advice on whether I should 1) switch my 529 plan from Utah to NY based on about 8 bps differential in the total fee structure on my investment selections and 2) whether I should ultimately hold less in my 529 plan in favor of greater flexibility in holding some funds to be used for college in my taxable brokerage account.

Not exact matches

Likewise, Amber Tree Leaves made a great point of having some funds in a specifically designated account for college, but does also favor the flexibility in taxable brokerage accounts:

I'm thinking even if I go the taxable account option that I open a new brokerage account designated for college expenses so that it remains separate in mind and physically!

The other dilemma I face is whether to save for college in a 529 plan or a standard taxable brokerage account?

Note that if the investments are in a 529 college savings plan as opposed to a taxable brokerage account capital gains within the plan do not affect aid eligibility.

Instead of sticking money in a taxable brokerage account every year for little Susie's college education, take a look at a 529 Plan.

Despite reporting that tax breaks are important to them, 68 % of college savers are saving in taxable bank accounts and 55 % are saving in taxable stocks, mutual funds and brokerage accounts.