When you child gets close to going to college, consider investing your 529 plan account in CDs or a stable value fund. Only some 529 plans offer them.
If your child is close to college age, consider Colorado’s CollegeInvest Stable Value Plus 529 Plan for the attractive yield and the principal guarantee.
CDs are better than bond funds these days even though financial advisors rarely recommend CDs. Many 401k or 403b plans include a stable value fund. How do those compare to CDs and regular bond funds? CDs are appealing for several reasons: higher yield, principal stability, and FDIC-insurance. Stable value funds share some of the same […]