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Posted November 27, 2005
I'll wait for the book, '529 Plans For Dummies'
I bought this book a year ago, and sadly still have $20G languishing in a savings account because I am no closer to understanding how to invest it in a 529 Plan than I was before I read the book. The author has trouble distilling his vast knowledge of the subject into useful information for the reader. The book is rife with phrases like 'you should consult with a tax advisor', and 'there's no telling how future tax laws will affect your investment', and even says some current tax laws are unclear on specific points. Gee whiz, what can you tell me? There are a lot of data on hundreds of points, but not much conclusive about the major points an investor like me is looking for. Actually, I wanted a book to lead me through the maze of 529 Plans, and help me narrow down the choices so I could then go see my tax advisor with a plan in hand. With this book, I was no closer to hammering out a plan than if I had purchased a book on bathroom remodeling.
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Posted July 27, 2009
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