Reply to Is anyone not saving to pay for all of their kids' college?

Forum Index » Money and Finances

Reply to "Is anyone not saving to pay for all of their kids' college?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

And immature. You are a real piece of work. You got exactly what you deserve. You’re half baked crack pot idea failed. This is just about the dumbest thing I’ve read in this site. I’d say that’s your greatest accomplishment in this entire thing
[/quote]

Poster was trying to be cleaver and hide the  money for financial aid.  The entire situation makes zero sense to hand over money for them to get minimal tax savings to save for the kids.  Your kids come first.  Very greedy to expect financial aid when you can afford to pay.[/quote]

Yup and the poster got indignant when called out in her failed greedy attempts. I love that she was the one who got screwed in the end.[/quote]

I don't even understand this.  Why didn't she just open additional accounts for each child and fund that with $4K per year.  The deduction is per account, not per child.[/quote]

This was her cockamamie plan to get her parents to “really supersize” the account. Literally the dumbest nonsensical thing I’ve read on here.

“ We were hoping that if we helped establish the accounts and subsidized a base contribution, my parents would leverage the tax break to throw in some additional money of their own to really supersize the account.”[/quote]

LOLWUT?  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics