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What is the minimum investment amount for a 529 plan in Vanguard?

avatarPloug KjellerupNov 28, 2021 · 3 years ago3 answers

I am interested in investing in a 529 plan with Vanguard, but I'm not sure what the minimum investment amount is. Can you please provide me with the minimum investment requirement for a 529 plan in Vanguard?

What is the minimum investment amount for a 529 plan in Vanguard?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    The minimum investment amount for a 529 plan in Vanguard is $1,000. This is the minimum amount required to open an account and start investing in a 529 plan with Vanguard. It's important to note that individual investment options within the plan may have their own minimum investment requirements, so it's best to check with Vanguard for specific details.
  • avatarNov 28, 2021 · 3 years ago
    To open a 529 plan with Vanguard, you will need a minimum investment of $1,000. This amount allows you to start saving for your child's education and take advantage of the tax benefits offered by a 529 plan. Keep in mind that you can always contribute more to the plan in the future to further grow your savings.
  • avatarNov 28, 2021 · 3 years ago
    The minimum investment amount for a 529 plan in Vanguard is $1,000. Vanguard is a reputable investment firm that offers a range of investment options, including 529 plans. With a minimum investment of $1,000, you can start building a college savings fund for your child's future education expenses. It's important to consider your investment goals and risk tolerance before investing in a 529 plan or any other investment vehicle.