529 plan in California
529 plan in California
Wanted to share my mistake in 529 Scholarshare plan in California. I had selected the 2035/2036 target year plan in 2016 when our first son was born. This plan is 75 pct equity and 25 pct fixed income which changes over time. In 2016, I didn’t see (or maybe it wasn’t available at that time) the option of investing in total market index. Now I see that it exists, I have now decided to move my contributions from 2035/2036 to the total market index. Both have similar expense ratios.