Add 529 Plan to Money RRS feed

  • Question

  • What's the best way to add a 529 Plan to Money?  Which type of "account" should it be?
    Gregg C.
    Saturday, January 29, 2011 2:13 PM

All replies

  • Kids are gone now and the account is empty and closed, but I clicked on Investment Account and checked the box Tax Deferred when I had set mine up and it served me well.  
    • Proposed as answer by ameridan Saturday, January 29, 2011 2:32 PM
    Saturday, January 29, 2011 2:31 PM
  • Thanks for the quick reply Ameridan.  I had oiginally set up the 529 plans the same as you.  However I've found that, when balancing the Plans, Money doesn't handle them the same as, say, my SEP-IRA.  I prefer the way balancing is done for the SEP-IRA, and similar retirement accounts, as Money requests which investments are included in the account, how many shares and the value of the shares on the statement closing date, etc.  Once completed, the reconciliation covers both the cash and investment transaction sides of the account.
    Gregg C.
    Sunday, January 30, 2011 2:51 PM