My daughter and I are beginning to investigate avenues to fund my granddaughters special needs trust. We live in MA. I came across the Fidelity Attainable Savings program that allows you to invest in a way that does not compromise eligibility for SSI and Medicaid Benefits, is tax deferred, and withdrawal for qualified purchases are Federal Tax exempt. Since she is only 3
the Multi Asset Index seems the most attractive in terms of funds invested in -75% stock-and expense ratio. My question, has anyone on this forum had any experience on this or other similar options? Would it be just as efficient to open a regular taxable account specifically for her with ETFs for better flexibility? Any insight and suggestions would be appreciated.
the Multi Asset Index seems the most attractive in terms of funds invested in -75% stock-and expense ratio. My question, has anyone on this forum had any experience on this or other similar options? Would it be just as efficient to open a regular taxable account specifically for her with ETFs for better flexibility? Any insight and suggestions would be appreciated.
Statistics: Posted by ECR — Fri Feb 02, 2024 7:46 pm — Replies 1 — Views 178