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Money and Finances
Reply to "529 Money --Too Much?"
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[quote=Anonymous][quote=Anonymous]2 kids with 280K each, plus they each have pre-paid state educations. Hope it's enough. Leftovers go the grandkids.[/quote] Thanks to generous grandparents, we have $300,000 in each of the fund of our 3 kids (ages 7, 12, and 14). It seems like too much. I wonder if anyone ever just pays the 10 percent penalty if there is money left over, once college and grad school are paid for? Or do you just pass it down to future generations, which is also a great idea.[/quote]
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