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Reply to "How much to put into 529s?"
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[quote=Anonymous]I would do 180k per kid because that’s the max gift tax amount (does require a 709 though) and it’s a solid amount. The person who complains about 529 has no idea what they are talking about. The tax-free compounding is totally worth it. Whether the instate deduction is worth up if more iffy, depending on your state and how much you put in, but at those amounts I’d put it in Utah’s plan and not worry about the state tax deduction. [/quote]
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