Thanks for the links. I can assure you that I am NOT of “unusual” wealth or income, so I think that (at least for now), I can just do a direct plan.
The Clark Howard site suggests that I just invest in California although it classifies Utah (where I was leaning) as “elite.” I think that I might still be leaning towards Utah, but I will give California a closer look. I was surprised to see New York in his “elite” category. Although they have low fees, I thought there were investment restrictions in NY that made it more difficult for the plan to realize the best returns (although no one has a crystal ball, right?).
One of the best pieces of advice in the article was to not save for college until I’m maxing out my retirement savings. It is my intent to contribute the full $15.5K to my 401K this year and $4k to my ROTH IRA. We will see.
