There is a good background and overall information article in Money Magazine Jan/Feb 2016 edition p.112-117 (and maybe on the internet). Among other things, they recommend avoiding fees by brokers, show the better state funds (UT has been at top of list for some years) and give advice on being able to take tax benefits. Basically, if your state doesn't give you a tax break for contributions it is best to take a top rated fund in whatever state it is managed. You should also consider who is to be the trustee/owner of the fund(s) as that can effect financial ratings of students and parents when applying for financial grants.
__________________
All of us could take a lesson from the weather. It pays no attention to criticism.
|