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College and University Discussion
Reply to "How many here do not have a 529 savings account, on purpose?"
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[quote=Anonymous][quote=Anonymous]This is for people who are educated about 529 accounts and can afford to set aside cash but have weighed the pros and cons, and decided not to set it up. If you are one of those- what were your reasons? My DH and I have had this conversation so many times and he firmly believes that we can grow our money better elsewhere and not have to deal with the hassle- especially since we may have to move to different states for our job. Thank you for the insights.[/quote] Do you understand 529s? Moving to "different states" has nothing to do with having a 529. Ours were in a completely different state than we reside. The perks of 18+ years of tax free growth is huge. As long as you invest it in stock funds, and dont do the "age targeted funds", you will do well. [/quote]
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