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Reply to "Is anyone not saving to pay for all of their kids' college?"
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[quote=Anonymous][quote=Anonymous]So you come up with a greed based scheme to try to get money out of your parents with a stupid gag baked crack pot idea and now your mad it backfired? You sound like you’re cut from the same cloth.[/quote] And you sound like a selfish and entitled Boomer. I gave my parents all the tools they needed to make an honorable contribution to the broader family. At a minimum, they could have just taken the money, invested as they saw fit within their own 529, pocketed the $460/year they saved on VA taxes, and then offered up some help for college as a graduation present or whatever. Hoping that instead of pocketing the $460 in tax savings, they might toss that in as well makes me greedy?!? My parents would still have been out absolutely $0 net…but I’m being greedy?!? If my kids get scholarships and we have too much in aggregate between all the 529 plans, my parents would have able to keep all the excess without tax penalty…but I’m being greedy?!? My parents accepted over $120,000 from me and my DH over the course of 17 years but have no intention of contributing even 1 cent to their grandchildren’s college education…and I’m being greedy? :( [/quote]
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