Malosi and I are hanging out in the kitchen letting mom get some much needed rest, so we decided to finish our research on college savings plan. After about 4 hours of weeding through many websites and Malosi loosing her pasi 8 times, she’s snoring now, I've finally landed on her college savings plan, USAA 529 College Savings Plan.
This was my first choice just because I’m a raving fan of USAA and their unparalleled customer service. But, since I know little to nothing about 529's I decided to see what the market says about it. It turns out to be pretty good.
Here's a 529 Morningstar report dated 11/1/10 that's very extensive. If you're short on time go to page 46.
Savingforcollege.com ranked the USAA plan a little higher
This site didn’t rate USAA, but was helpful nonetheless
College Savings Plan Network has a handy comparison tool:
The SEC’s explanation of 529plans:
She is obviously ecstatic about all this.