Which is the BEST 529 Plan in 2023?

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Published 2023-05-25
Exploring the 529 College Savings Plans for 2023. We'll overview top-performing plans, tackle misconceptions, and discuss fees. Essential viewing for parents considering education savings. Subscribe for more insights! #529Plans #CollegeSavings #EducationInvestment.

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All Comments (21)
  • @techsucks
    Thanks Travis for doing the God's work. These are all the difficult questions and topics for many parents to consider and pay attention and time to. I know that for ourselves as parents, someone who was already and experienced investor for a decade prior, we were challenged with all the state options, their offerings, fees, deduction benefits, etc. And it can easily go over your head. Many of the review websites seem like paid promotions and at the end of the day you have to do your own study to find a few optimal options. And in this video you've already addressed majority of those beginner questions!
  • Hi Travis, which plan do you recommend for Texas! Thanks for the video! I am looking for the best plan where I can do college savings and I heard some 529 plans also support k12 education. Thank you for your advice.
  • @svang1991
    Appreciate the info but WAY too much rambling. Info could have been conveyed in 1-2 minutes if you were to the point.
  • @user-vc5cn9ur3s
    Hi, thank you for the informative video. I am also a Florida resident, looking into the FL 529 savings plan for my 3 & 4 year old. In regards to the fund options percentage allocation do you recommend then putting "100%" to the U.S. Large Cap Equity Index Fund?
  • @xokixoki
    Thank you for a very helpful video. After watching this, I was so ready to open up an account for my kids. Then I found out the child or his/her parent or legal guardian must have been a Florida resident for the past 12 months. We are CA resident. Now I have to keep looking... I am thinking either Michigan or New york plan. Any thoughts?
  • @deandrecochrane
    Wow, Travis! Thank you for the content. I live in GA and have 1 toddler and 1 on the way! My wife and I are planning for their future and I came across your channel. What are your thoughts on which state we should choose for their 529 plan?
  • Appreciate u r efforts i live in texas, can u suggest best 529 plan and investment option?
  • @Zahtec
    My family is currently looking into a 529 plan as California residents, meaning the plan with the overall best performance in the US would be our best option. This is being set up a bit late as I will be enrolling in college in around two years, what would you consider a good option? I was looking at these exact lists, but as you stated they do not tell the entire story.
  • @harishkale1
    Hi Travis, great video. I moved to North Carolina from Michigan. I have MESP 529 for my son, who is 9 years old. Since I moved to NC, I have been planning to enroll NC 529 plan and rollover funds from MESP to NC. But then I came across this video. Can you please suggest what could be the best 529 for NC residents since there are no tax benefits?
  • @peerguy
    Thanks Travis. Excellent info. I currently have an NY 529k plan for my kid, will look into the Florida plan
  • @rubyk8309
    For vanguard, after the initial $3000, can you put a different amount there on? Or are you requiredto put $3000 every monthm TIA
  • @freelybecoming1712
    Hello Travis..thank you so much for the video. I am a NY resident..would you recommend I stick with the NY state plan or spread funds across NY amd Florida. Are you able to recommen which portfolio is best for kids under 5 from NY 529 offerings
  • @KKutie2012
    Hi Travis, thank you for this informative video. My hubby and I will be looking into starting a 529 plan for our boys ages 14 and 11. We are in TX so we don't qualify for the FL 529 plan. For the 14 year old, would you still recommend starting a 529 for him seeing that he will be going into high school August 2023? If you were in our shoes would you still consider it or would you go the route of saving in a high yield savings account/other non-529 account?
  • @finurra3905
    i'm still 2 years out of having a baby but am looking forward to putting my babies through private pre-k and private high school and helping them with some college expenses..so looking into these plans now as I've literally never heard of them before following a stay at home mom from Oregon who saves for these every month. Thank you so much for this video!
  • How about Virginia 529 plan ? They have option of VSMPX (equivalent of VTI) index fund to invest plus they have $4000 state tax deduction. Thanks
  • @user-oq5nn4pg3u
    just FYI the FL Savings Plan that was ultimately recommended in this video does require proof of state residency for the last 12 consecutive months. So while it appears a great option, not a possible choice for non-FL residents!
  • @johnr4207
    I have a 529 in the future scholar South Carolina. I don’t live there and therefore I’ve never got their tax deduction. I want to roll it to another 529 outside of South Carolina. Will I need to pay SC state tax when I roll it over? Thanks!
  • @Jokstaify
    Hello, We currently reside in NJ and NJ has a $10,000 tax benefit and we under the 200k income limit, do you think its best to stick with the NJ Best 529 plan or should we open a Utah plan?