Thanks, letsgohobby, I came up with Schwab as well.
As far as choosing an ESA, I think if you can find a funding option with lower costs you should always choose regardless if it has limits. The Guide
even recommends place money in this vehicle first.
I see little reason to own an ESA any more. I'm moving mine to 529s. Next year's contribution limit is $500.
I bet, that the limit of 2K will be extended, although even if it is 500 I will still use an ESA.
EmergDoc wrote: I don't think Congress wants you using ESAs any more.
I think you are right. Congress is probably being lobbied by 529 plan administrators to put the brakes on ESAs. The higher cost 529 plans, even if only moderately higher than ESA accounts are like bad 401k options at work. 529s are not even in the same ball park as some of the fees attached to most 401k options - same general idea though high costs are higher costs.
ESAs can also be used for any educational expense, not just college. I don't foresee it, but who knows, there might be something in high school that we need money to take advantage of an opportunity.
Any additional money that we can put away for college will go in a 529 of course, but the first 2K (or 500) will go in an ESA.
Thanks everyone for comments.
Edited to remove a possible political comment. I will try to give the administrators Sunday off.