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Reply to "How much is in your 529 and how old is your DC?"
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[quote=Anonymous]It's not that nice a tax break, pp. For me, the tax break cancels out the load (VA's College America is through American Funds, which charges a 575 basis point load -- ugh). OP, we have 9 yo and 7 yo. There's $30k in the account for the 9 yo and $28k in it for the 7 yo. We save about $325 each (or $650 a month) is underfunding by about $300 per month. I plan to up the contribution in October once I max out 401k. You should save for retirement first and, if you are eligible, save in a Roth IRA before a 529 plan.[/quote]
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