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So, what now? My daughter's account lost about 25% in the last year. She's a sophomore now and the chances of making up this loss are nil, but what is the state going to do with the money that was manged by Oppenheimer? Do we parents need to actively manage this money or will it go somewhere safer? One of the features of a 529 program is that it is supposedly being managed by professionals and parents don't have to worry about it themselves. Is this now a naive belief?

posted 4 years, 4 months ago
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