For parents saving for their kids' college, a 529 savings plan still makes sense - as long as it offers good, low-risk investment options and doesn't eat up too much in fees. These three make the grade.
Fund: Ohio CollegeAdvantage Savings Plan
Web site: collegeadvantage.com
Manager: Fifth Third, Pimco, Vanguard, others
Expenses: 0.19% to 0.91%
Low-risk option: Fifth Third CDs (a 10-year yields 5.0%)
What it offers: Low-cost age-based and balanced funds, plus a broad array of safe options
Source: Savingforcollege.com; plan websites.