"Billy" <nospam[at]comcast.net> wrote in message
news:uZWdnfI95uWyCS_cRVn-ow[at]comcast.com...
- quote -

Impossible to say, without a lot more information, although plenty of people
will try. One suggestion is to purchase, or check out from a library, Ray
Loewe's New Strategies for College Funding. Ray' is, without a doubt, THE
single best expert on college funding, and he's been doing this for decades
longer than the #2 guy. There are things he's figured out that other
authors, or so-called experts, haven't even thought of yet.

http://www.amazon.com/exec/obidos/AS...4/gardneassoci

College funding is, in many ways, MORE complicated than retirement planning,
because the wrong move can cost you thousands in free money in the form of
scholarships, grants, and subsidized loans.

Brent D. Gardner, ChFC
Chartered Financial Consultant
http://members.cox.net/brentdgardner1378/
http://www.topgunproducers.com/

Si vis pacem para bellum!

"Be ever questioning. Ignorance is not bliss. It is oblivion. You don't go
to heaven if you die dumb. Become better informed. Learn from other's
mistakes. You could not live long enough to make them all yourself." - Hyman
George Rickover (1900-86), Admiral, US Navy, advocated development of
nuclear subs & ships

The Chartered Life Underwriter (CLU) and Chartered Financial Consultant
(ChFC), designations owned and exclusively offered by The American College,
signify the highest standards of academic study and professional excellence
in the financial services industry.

I've inherited $50k for my children and I want the best college investment
vehicle for it to grow and to be tax deferred or tax free. It is currently
in a standard savings account, not making anything.

Where would you put this lump sum of money for your children? Can I dump
this entire thing into a 529 Plan? Would that make sense?

My girl and boy is 3 and 1 years old, respectfully.