158-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 3: Pre-Paid Tuition Plans - podcast episode cover

158-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 3: Pre-Paid Tuition Plans

Feb 26, 201554 min
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Episode description

Today, we dive into the details of Pre-Paid Tuition Programs. I'm generally not a fan of these programs and you get to hear why! (I do acknowledge that they have their uses). 

This opinion (my non-fan-ness) has always been a bit challenging since I do financial planning the state of Florida...and Florida has the most popular pre-paid tution program in the country!

But, I still believe I'm right and today, I defend that belief.

Listen to the show to hear:

  • Why pre-paid tuition programs are in tough financial straits.
  • Why you get a negative nominal rate of return on Florida's program.
  • Why college tuition prices are falling so much even if the official statistics don't reflect the reality.

Enjoy!

Joshua

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