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Author: heenanstien Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121331  
Subject: 20k to invest for grandkids education Date: 1/19/2000 3:20 PM
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I have been given the responsibility by my mother in her trust to donate 20k for my granddaughter's college or tradeschool education. She is 6 years old. What is the best tax strategy vehicle for the investment. The investment will probably be in mutual funds or other diverified professionally managed stuff.
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Author: Walz Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 25518 of 121331
Subject: Re: 20k to invest for grandkids education Date: 1/19/2000 6:05 PM
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My in-laws contribute to the Unique College Investment Fund through Fidelity Investments. I do not know if it is a tax-saving plan, but you can contribute a big lump sum or payments. The fund invests money less aggressively as the child approaches college age. Check it out.

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