No. of Recommendations: 2
I've been studying them myself. They seem good, except for one drawback. They invest rather conservatively and only guarantee the rate of college inflation. If you can invest the entire cost of college in today's dollars, fine, but if you need your investment to grow to reach your goals, I don't see how a TAP can help. You're only going to get about 7%/year. I know they claim that you'll also get any excess, but with 40% in bonds, what excess will there be?

I just had my first child and I'll probably go part in TAP and part in my Roth.
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