529 Investment Question

beolein
Mon, 10 Sep 2012 13:38:58 +0000

You answered your own question. Since “… their 529 savings would not withstand another market decline like in 2009,” you need to have their money out of the market.
Generally, you could have money needed in less than a year in a savings or money market account and money needed in more than a year in CDs (which make more, but are locked up for a period of time).
Yes, you won’t make much interest on any of this at all, but that is what short-term investing does.