$2,900 Invested in This ETF Annually Can Send Your Kid to College | Personal Finance

For instance, 529 plans have limited investment options and caps on the total allowed account balance. ESAs have an annual contribution cap of $2,000, as well as income limitations on those who contribute. Both accounts are intended to be used for college expenses only. As such, distributions used for other purposes usually incur taxes and steep penalties.

Alternatively, you can save to a low-cost brokerage account and absorb any annual taxes related to dividends and realized gains. You can still take a tax deduction for tuition expenses later, though you probably will end up paying more in taxes this way. The advantage is that you won’t have to worry about a plan B if junior decides not to go to college or gets a well-deserved scholarship. A taxable brokerage account also gives you the freedom to invest in whatever you want, which is not the case with a 529 plan.

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Space-obsessed kid flushed with pride over his NASA-commended toilet design

Bodhi Chiravuri has put a new spin on gravityless toilets.

His idea is good enough it has won third place in a national contest sponsored by NASA, although there’s no guarantee that his name will go down in the history of space travel.

And that’s OK with him. He’d rather design the innards of rockets or work on the human/machine interface through the touchscreens that have replaced the old-fashioned toggles and analogue hardware than concentrate on the waste disposal portion.

“I really think about the glamorous parts, the buttons,” Bodhi, 12, said. “Not just the toilets.”

Bodhi Chiravuri – CosmoCommode from Bodhi Chiravuri on Vimeo.

Space travel is in the news again. On Saturday, the SpaceX Crew-1 mission will carry four astronauts to the International Space Station. Their trek follows the May launch of NASA astronauts Bob Behnken and Doug Hurley, the first launch of Americans from U.S. soil since

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