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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m not sure what people mean by fully funded. Our financial planner advised us to not over save in a 529, so we have stopped contributing for now. [/quote] 
Different financial goals. We fully fund the 529s to create tax-free generational wealth. Our grandchildren can use the 529 money leftover  after our kids’ college and grad school costs. [/quote]
Interesting idea. It has to be used for educational expenses, unless you want to pay the tax penalty on the earnings. [/quote]
Sure. We’re banking on grandchildren and those grandchildren having educational expenses sometime from K through grad school. [/quote]
I don’t want to put the of grandchildren on my own kids, and I’d rather build wealth that doesn’t have strings attached, but I can see that this would be an appealing strategy. I will ask our financial adviser about it. [/quote]

Why wouldn't you try to use a Roth IRA to build generational wealth that has no strings attached? [/quote]
Our advisor has recommended against Roths for us, so we do traditional IRAs. I just want to ask what he thinks of over-funding 529s for a future generation to use. [/quote]

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