This is a follow-up to a previous post, 529 Plans: Another Way to Save. The day after posting I opened an Oregon 529 plan. Thus far, things have been working great. I’m automatically deducting $25 from my checking account the 15th of every month, an amount I barely notice.
Even though my portfolio is down 10.6% in the last 3 months (50/50 split between the Vanguard Total Stock Market Index and Vanguard Total Int’l Stock Index) it gives me a warm, fuzzy feeling inside to know that I’m getting a small tax benefit this year and saving for something way, way in the future.
