Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Do most parents have a 529 plan?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it's fairly common for UMC families to have a 529 plan--they are the ones who benefit most from the state tax advantage and have surplus money to invest and who will likely not qualify for much financial aid. Some frugal and foresighted MC families have one also.[/quote] This is right and PP who said *most* families have no savings is also right.[/quote] +1000 Also, if you are already saving with the intention of using those funds for college (and you don't need them as some kind of emergency funds) by not using a 529 you could be missing out on state tax deduction as well as tax-free growth of the investment.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
