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[quote=Anonymous]We have $94k in a 529 for a 10th grader. For our income level that's pretty good even though it's not much compared to what others report here. We are focused on maxing out a 403b and 457b to reduce income to get a good set up for FAFSA and financial aide. We are trying to push our reported income down to $130k. It seems to be the sweet spot for us in FAFSA calculations in combination our 529. It wont affect in-state prices much but it might make out of state public universities an option. (Obviously most private colleges will use the Profile and see our savings, but that will be a roll of the dice combined with other factors about our kid.) Once you make over $160k in reported income you no longer qualify for a federal tax deductions of $2500. HHI income under $80 likely qualifies for Pell grants and other high need financial aide. [/quote]
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