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Reply to "Fully Funded College"
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[quote=Anonymous]Yes, some people put lots of money into 529s. If you can afford it and are planning on paying for college and leaving money to your kids anyways, the downside is pretty minimal. In fact 240k is relatively little and some people put in even more. Most, possibly all, states put limits on the 529, after which you can no longer make additional deposits. The maximum in DC is 500k (I believe). These "insane" numbers are required if you want to pay for 4+ years of undergrad and then law/medical school in addition to all the additional qualified expenses.[/quote]
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