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College and University Discussion
Reply to "Do you make your teens contribute to their 529 plans?"
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[quote=Anonymous][quote]Anonymous I think it might actually teach the wrong lessons. You want to incentivize the right behaviors. But by doing this you are effectively taxing them, so disincentivizing them from working. If each dollar they save is one less dollar you yourself contribute to their college costs, it is a tax with no benefit for them. [/quote] You just gave an excellent description of what is wrong with our tax system.[/quote]
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