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You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth and outrageous generosity. Natalie is in Logan, Utah.

Hey, Natalie, welcome to the Ramsey Show.

Oh my gosh, how you guys?

This is so exciting to talk to you.

My heart is racing, which seems to me in my living room, but I'm so excited to talk to you today.

Well, we're excited to talk to you. How can we help?

Okay, so I am a mom. I have two little boys. I've got a three-year-old and a five-month-old and so ever

since our three-year-old is born we put a small amount of money to the side for his future and

so what I'm wondering is I recently found out about 529 plans.

So I'm trying to figure out we've already have some money saved up and so it's like

what's the best way to invest that for our

children should we invest it in stock should we put it in CDs or I guess what

do you think about 529 accounts that's really what I'm wondering here.

Well 529 is used for education. It grows tax free which is wonderful and we

always recommend you put that in good mutual funds that you control.

529, in other words, what we're suggesting is mutual funds and the way it's treated for

taxes is dictated by 529 and just like IRA is not a real

investment IRA is how an investment is treated for taxes and so that that's what you're looking for here. So if you're saving for a kids

college 529 is the way to go and you can learn about them. They're really

easy to learn about. Just go to you know go to Ramsey Solutions

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