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Reply to "Funding a 529 in one payment?"
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[quote=Anonymous][quote=Anonymous]I did this last year. [b]Super funded 100k all at one time[/b], figuring that would get to 300k by the time i needed it in 17 years, [b]only putting in the 4k (x2) per year for the DC deduction[/b]. do i think this is enough for college? No way. However, i'm nervous about the market right now, and regardless of what people say about 18 years of growth etc...I still don't want everything to just tank in the next year or two.[/quote] I'm not following. You put the $100k in all at once or you're putting in $4k per year for the tax deduction? [/quote]
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