Are 529 Plans The Best Way to Save for College?

The video discusses the benefits and drawbacks of 529 plans, focusing on their tax advantages and estate planning benefits. It highlights the importance of investment performance and suggests aggressive equity funds over traditional options. The speaker recommends specific funds like Primecap Odyssey Growth Fund and Vanguard Healthcare Fund, emphasizing low fees and strong performance. The video also covers the impact of 529 plans on financial aid and suggests considering low-cost index options.

What are the main benefits of a 529 plan according to the text?

Why does the speaker believe that the performance of 529 plans is often not very good?

What alternative investment strategy does the speaker suggest for saving for college?

What specific funds does the speaker recommend for college savings?

How does the speaker view the impact of 529 plans on financial aid?