Saving for College: my thoughts on 529 plans

Nov 22, 2016 10:42

I'm not in love with 529 plans. I think they are really fabulous in a few settings, but most of the time they'd be my third or fourth choice for ways to save for college ( Read more... )

investing, college hunting, money, cfp, tax policy

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belleweather November 22 2016, 17:04:29 UTC
The kids Godfather carries a 529 plan for them and does some damn thing with it, I don't even know. It probably makes sense for him as a tax vehicle, since with no kids and two Google salaries they've got to be looking for every deduction they can get their fingers on ( ... )

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saintswife November 22 2016, 20:14:50 UTC
One of the most contentious arguments my husband and I have had was regarding the age based 529 plans we have for our 3 kids. I wanted to switch them to something (anything!) else but when ultimately accused of wanting to destroy their future by taking the risk ended up dropping the subject altogether.

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_evalution November 22 2016, 21:13:50 UTC
Thank you! 👍

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aloha_moira November 28 2016, 02:01:52 UTC
Incredibly useful info (as a couple with three 529 accounts and not currently maxing out our Roth), thanks!

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