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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: willcousa who wrote (58828)	1/15/2002 1:50:55 PM
From: michael97123	Respond to of 70976

Will, A few other points. Kids start college at 18. The "age based" plan prevents the catastrophe that happened to many folks whose kids started college last year while there funds were down substantially. I believe in fidelity your in 40% bonds at the end. And nothing stops you from setting up 2 plans--maybe a smaller one from grandmother which takes a flyer at tech stocks. These things are transferrable to so if GC #1 is a bum, you can switch beneficiary to GC #2 and so on. If GC #1 gets a full ride football scholarship you can even get your money back without any penalty. This really pays to do. mike