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Ask HTM - Prepaid College Plans, Maturing Savings Bonds, & Settling the Roth vs Trad 401k Debate #694

How to Money

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The Pros and Cons of the Florida Prepaid Plan

It's always more important to be funding your own retirement accounts. The Florida plan, you choose the type of college that you want to fund and then you have a set dollar amount that you pay every month to pre fund this plan. These accounts can be a pretty sweet value. But there are some downsides as well. And the biggest one is lack of flexibility.

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