Super clueless new Gnu User seeks someone to help explain 529. I asked for help
before and was directed to various places which gave a little insight, but not
as much as I need.
Here is what I have done: Created a Mutual Fund for 529 A and one
for 529 B—I believe I have done this right but it is open to debate since I
don’t understand a lot of the specifics required to open the accounts
(security/commodity?) Yikes!
Created a cash
account to transfer the money out of my checking. Then I went in to the mutual
fund and made the purchase out of the cash. That seemed to go well.
The info on my 529 web site/statement and the ledger of my 529 seem to add
up/match in terms of shares, price paid-HOWEVER the totals don’t add up. My gnu
total shows for example 4503 , while my account online total shows 4392
Also, on my main gnu page instead of showing the total in each account, it
shows the shares and the account number and then the total is shown
(incorrectly as mentioned before) under mutual fund in general.
I have scoured the internet for videos, articles related to this and no luck. I
really don’t understand, but would like to if someone can explain in simple
terms. Open to email lessons or anything
Many thanks
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