I need to top off my son’s 529 plan since the current funds will probably last until his junior year. So I need to add some more money that I would withdraw starting August 2027. These are the four options I’m looking at - definitely not investing any equities. Given the current market / economy and where it’s headed, where do you recommend I park my money? Open to one or multiple accounts - I get $4000 / year credit on my state taxes.
1. Vanguard Total Bond Market Index Fund
2. Vanguard Inflation-Protected Securities Fund
3. Interest-bearing omnibus deposit accounts at Atlantic Union Bank (4.56% APY as of Dec 2024)
4. The Stable Value Portfolio is invested entirely in a separate investment account managed by Invesco Advisers, Inc. (Invesco). Invesco invests in investment contracts (also referred to as "wrap contracts") (the "Stable Value Fund").
Please recommend. TIA.