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
»
Off-Topic
Reply to "Does this seem like sound advice for paying for college?"
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]OP we're in the process of thinking about this too. One consideration for us is the federal gift tax. If you plan to sock away a lot of that post-mortgage money in a 529 plan, there are annual limits to what you can contribute without triggering the gift tax. We're still thinking about it, but I'm leaning toward paying off the house at a slower pace (i.e., 13-15 years instead of 10), and using some of that $$ to even out our annual 529 contributions in a way that allows us to avoid the gift tax. [/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
