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Reply to "Need advice on how to save for college - financially dumb parents and tricky situation"
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[quote=Anonymous]NP here. I am using the 401K to save for DD. I will be become 59.5 in her soph. year. When DD was a baby and I came up with a strategy, I realized that 401K is not considered an asset from a financial aid perspective...Plus, 401K is tax deferred on State and Fed, but not the 529. This is only an option for those that had kids late...[/quote]
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