Anyone else planning to pay as you go?
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Anonymous
+1 Same here. |
Anonymous
| Cash flow it then turn the max 529 amount into a Roth to give them a retirement head start. |
Anonymous
|
Live in NY where we can deduct the first $10k a year of 529 from state and local taxes. Since state and local are about 10%, it was a no-brainer to contribute this much (we had the cash flow to do so). Not going to beat an up front 10% ROI in the market and the investment options are decent.
We bumped 529 a bit over $10k some years but have basically been doing just $10k, so with earnings, we have about four years of college saved for two kids, so will cash flow the rest, though will flow $10k a year through the 529. |
Anonymous
| I'm already paying $100,000 in HS private tuition, tutors, school trips, etc. ; have nothing in 529, so college will just be the same old drag. |