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Iowa | We added our kid to our treasury direct account as a linked minor account and did a EE bond they have a deal that in 20 years that bond is guaranteed to double in value and if used for college its tax free so it seemed like the best option right now. We did think about a 529 plan but those can actually lose value so with the way things are don't feel that was the best option. And just giving them money isn't helping either since you may want to get a low interest loan/gov't loan having cash on hand doesn't help that. | |
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New Dad: Tax Savings and College Investing Ideas
