Loans College Investing Plan – Are 529's Really the Best Way to Save for College?

u-fund-college-investing-plan-are-529s-really-the-best-way-to-save-for-college College Investing Plan – Highest Rated?

Are 529’s Really the Best Way to Save for College?
Say goodbye to debt forever. Start Ramsey+ for free:

Visit the Dave Ramsey store today for resources to help you take control of your money!

Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more!

Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at:

Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country!

Ramsey Network (Subscribe Now!)

• The Ramsey Show (Highlights):
• The Ramsey Show (Full Episodes):
• The Dr. John Delony Show:

• The Rachel Cruze Show:
• Anthony ONeal:
• The Ken Coleman Show:
• The Christy Wright Show:
• EntreLeadership:

Thanks for watching the College Investing Plan video!

Watch the College Investing Plan video on Youtube



  1. Fernando Cage
    July 27, 2021 at 11:24 am

    There are some serious and real vendor on telegram and I chose Bigblunty on telgrm as the best carder

  2. Kayla Trausch
    July 27, 2021 at 11:24 am

    What happens if you get a 529 then your student gets a full ride scholarship?

  3. Maria Zoubroulis
    July 27, 2021 at 11:24 am

    What I would do is take out a high cash value life insurance on my child. That way down the road, we can borrow whatever amount is needed for the amount that is due. High cash value LI grows with dividends, and as a young child, cost of insurance is low.

  4. Google Review
    July 27, 2021 at 11:24 am

    Good question

  5. James Loveday
    July 27, 2021 at 11:24 am

    Hey Dave if you so rich why don’t you get some hair man

  6. A_Patel
    July 27, 2021 at 11:24 am

    I cannot find an answer to this question. Is there an annual withdrawal limit for 529 plan if the withdrawn funds are being used to pay for a 4-year state or private college tuition? I see there is $10K per year limit for thinks like private high school but I cannot find any thing about annual limit for college tuition. I hope someone can help clarify.

  7. Johnny D
    July 27, 2021 at 11:24 am

    And what if that kid decides not to go to college?? It sits wasted. Why not a Roth in conjunction?

  8. Mae
    July 27, 2021 at 11:24 am

    We just have one 529 account that our daughter is the beneficiary. If she decides not to go to school or doesn’t use up the money, we can change the beneficiaries to go to our grandkids or nieces/nephews.

  9. Bob Lewis
    July 27, 2021 at 11:24 am

    take a hard look at what a pandemic is and then maybe you might understand why we weren’t back by the time you thought we should be. don’t understand this naive childish mentality.

  10. louib716
    July 27, 2021 at 11:24 am

    I don't think you have to use A529 for education expenses. The one that was available to me I took out to pay for living expenses

  11. Verified Account
    July 27, 2021 at 11:24 am

    In 20 years you might get your degree from Amazon.

  12. Ace007
    July 27, 2021 at 11:24 am

    Would this be a valid option if my daughter decides to study overseas? she wants to go to college in Europe. Would it still be tax free?

  13. Anastasia O
    July 27, 2021 at 11:24 am

    Dave failed this one. The mom's concern is valid – what if one kid decides to be an engineer, while another one has a calling to be a sales person or a real estate agent where the education will take a few months and a few hundred bucks? I'd say in this case it would be fair to just withdraw the money and pay the penalty and use the money for something else.

  14. Fernando Magana
    July 27, 2021 at 11:24 am

    Thank you for this video. It was very informational. Suppose I live in California where there are no tax benefits for contributing to a 529, and I have multiple kids close in age, would it make sense to contribute to a single account or have separate accounts? Furthermore, would I be able to transfer a partial amount to another account if my second child decides to go to college, while my first child is already attending college?

  15. Jo Geo
    July 27, 2021 at 11:24 am

    College is overrated 🙄, I am making my kids value their education by working for it. Their is so much information available for free. A book cost $250 and a free YouTube video can explain the knowledge within the book.

  16. Scott Dreyfus
    July 27, 2021 at 11:24 am

    What happens is college is free and you have 100k in a 529

  17. Silverback Silverback
    July 27, 2021 at 11:24 am

    Does 529 account compound ?

  18. VivaLa GeeGee
    July 27, 2021 at 11:24 am

    Why is Dave always so condescending?! This lady had a legitimate question. Just answer the question and stop being rude!

  19. delismell
    July 27, 2021 at 11:24 am

    Roth ira/401k is so much more versatile.

  20. Leroy Jennings
    July 27, 2021 at 11:24 am

    One of the times i disagree with Dave. People need to stop thinking college is the way to go. Im one of those that makes a good living working as a web developer with no degree. I make more than probably half of those that got to a 4 year worthless university that makes you pay loans for the next 20 freaking years. Find what you want to do. Bottom line.

  21. Gordon
    July 27, 2021 at 11:24 am

    College is going to be different in 10 years. For example, if you want to be a software engineer you don't need college. You can take a few courses online to learn how to write code. If you want to be a nurse, you still would need college. So it depends on your major

  22. Keith Ashford
    July 27, 2021 at 11:24 am

    I would do a custodial account in the event the child chooses not to go to college.

  23. Steve
    July 27, 2021 at 11:24 am

    In her scenario, just hold on to 529 and let it sit there and grow. If the child wants to eventually go back to school they can or if you want, transfer it to possible future grandkids to avoid paying penalty when withdrawing

  24. rickrowld
    July 27, 2021 at 11:24 am

    Dave you didn’t answer her question. What do you do with extra capital that isn’t used in a 529?

  25. G D
    July 27, 2021 at 11:24 am

    Looking set up a 529 for my kids today but having trouble with Vanguards webpage. Gonna have to call on Monday. Can’t wait!!

  26. William Muff
    July 27, 2021 at 11:24 am

    I mean… 100k could be too much to pay for education. Depending on the path they take. You can go to pretty decent schools for ~15k a year (not including housing). Idk about you but id hate to have an extra 40k in a 529 that I couldn't use without massive penalty.

  27. SafetyThird
    July 27, 2021 at 11:24 am

    College is going to be free in 20 years. Instruction is going to be scalable to the max

  28. Geefive Todd
    July 27, 2021 at 11:24 am

    People in this country have become so much weaker mentally than they were in the past. Just think about how all the toleit paper hoarders would react if they were around during the Cuban missile crisis and could have been killed at any minute. Also anyone have any advise which states plan is the best.

  29. Diana Hsu
    July 27, 2021 at 11:24 am

    It's honest of him to say that he sees the value of a 4-year degree — what people in his position of influence often do is talk through one side of their mouth about how a 4-year degree is stupid and how young people should go to vocational school or start working right away, while on the other side of their mouth tell their own children and grandchildren about how important a 4-year degree is and carefully save up to pay for it, creating even more of a class difference.

  30. Sheena Winfrey
    July 27, 2021 at 11:24 am

    Totally agree with Dave…. people have got to get over the fear and essentially get back to normal. Life has got to go on people!

  31. Chuck Freeburg
    July 27, 2021 at 11:24 am

    I have listened to enough audio books to equate to the hours needed for an associates degree. Cost less than $2000. But I don't get some fancy paper thats where the other 30,000 comes from.

  32. Joe Pfeiler
    July 27, 2021 at 11:24 am

    The issue is there is no reason for someone to go to college for the wrong reason. The 529 has tax penalty for removal for none college uses. That is why we did custodial mutual funds for our children. My son said he wanted to get his CDL and drive truck, so we paid $425 to help him get his Class A CDL . I think he is better off than a lot of the people I know driving truck after the got their four year degree and were not happy in their career. He was able to take the money from the custodial accout and put in an IRA (or could have used it for whatevere) where as we would have had a tax penalty for taking it out of a 529 for uses other than college

  33. Jose Hernandez
    July 27, 2021 at 11:24 am

    Rapture before 18 years im quite sure

  34. Jose Hernandez
    July 27, 2021 at 11:24 am

    whats a 529?

  35. Jose Hernandez
    July 27, 2021 at 11:24 am

    COmunity college because the rest is a scam for most industries

  36. Drew Chorlton
    July 27, 2021 at 11:24 am

    Trade school kid here saying my grandfather's 529 accounts he set up for me has benefitted me greatly.

  37. Charlie Hunt
    July 27, 2021 at 11:24 am

    Another wrench in this: some careers can now be learned entirely online. IT and developers.. you don't NEED a college education (although it helps and can be used when moving up in a company). How many other careers will be changed by app/video learning, from places like Udemy, Coursera, etc? And that's not just speaking on today.. but what career learning will be like in 15-20 years.

  38. Chris
    July 27, 2021 at 11:24 am

    College has gotten out of control because loans are too easy to get and they turned into money machines too. The loans get out of control because of their outrageous interest rates and compounding approach. It all gets out of control when people take out way more loan than what their degree's income potential is.

  39. random 4815
    July 27, 2021 at 11:24 am

    The biggest thing I am hoping for as far as public education goes is that people continue to realize that going to a prestigious University basically means nothing as compared to going to an affordable in State University.

    And that more people will continue to realize that getting a degree does not equal getting a good-paying job.

    It comes down to whether or not you are going to learn skills that are applicable in the marketplace.

    A degree is great but too many people get degrees that they never use and they were told that simply a degree = six figure job. Then they find out that the people making that kind of money with that degree are in the <1%.

  40. random 4815
    July 27, 2021 at 11:24 am

    Like anything the online integration will continue to be seen but it can never fully replace the true thing.

    For example in healthcare insurance companies are never going to fully approve telemedicine reimbursement at the same rate as an in-person visit. And as someone who works in healthcare there's just something that you lose when you don't see a patient face to face.

    Same thing with education. And churches, just like Dave pointed out. At a certain point you have to start getting back to your Norm otherwise people are going to slowly fade away and it's going to start hitting your bottom line.

  41. Blue Shadow
    July 27, 2021 at 11:24 am

    God Rach is so cute…

  42. Matt Crouch
    July 27, 2021 at 11:24 am

    My son started making decent part time money about two years ago, at 16. I told him I would match anything he put into a 529. He's now 1 semester into his debt free degree. Bam!

  43. Clutch-Trick
    July 27, 2021 at 11:24 am

    It was my votech diploma that paid off my 4 year degree. I now teach at my old vocational school and love that students leave with far less debt and great paying job offers at 19 years of age sometimes.

  44. Bob Dobbs
    July 27, 2021 at 11:24 am

    I think she's overanalyzing.