Gerber Gone Wrong

A listener asks what Dave thinks about the Gerber life insurance plan. Dave says it's a rip-off.

QUESTION: A listener asks what Dave thinks about the Gerber life insurance plan. Dave says it’s a rip-off.

ANSWER: Don’t do it...it sucks! You’re going to buy your college plan from a baby food company? Come on! Please don’t do it! Do your college investing in a good investment program like an Educational Savings Account (ESA) in a good growth stock mutual fund.