529 Plans
from Washington Mutual

 

Washington Mutual’s 529 Plan offers a way to save for college with potential tax benefits.  Earnings in a 529 Plan accumulate free from federal income tax, and withdrawals are tax-free when used for qualified educational expenses.

529 Plans Reviews

4.0
Oct 16, 2008 2:23 pm

The 529 Wamu plans is great for saving for a child's college funds. The interest is not taxed, and you can even make tax free withdrawals for college related expenses.

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Have a Questionabout 529 College Savings Plans?

Ask MarkKantrowitz, our 529 College Savings Plan guru. Learn more about MarkKantrowitz »
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MarkKantrowitz answered LauraT's question:

Unknown-small
LauraT asked:

Taking out student loans now to allow 529 account to recover losses.

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MarkKantrowitz answered:

It depends on the type of loans and where you think the 529 plan is headed....

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Type Today Week Ago
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1 Year ARM 4.61% Rates_down 4.94%
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Interest Checking 0.39% 0.39%
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Type Today Week Ago
Cash Back Cards 10.89% Rates_up 10.76%
No Annual Fee Cards 11.17% Rates_up 11.13%
Reward Cards 11.81% Rates_up 11.75%
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Student Cards 13.62% Rates_up 13.54%
Platinum Cards 11.17% Rates_up 11.15%
Provided by Informa 11.20.08