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Reply to "How much do you put into your kids' 529 (college fund) annually?"
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[quote=Anonymous][quote=Anonymous]We do 10K per year for now, while we're earning strongly. However, i may start moving some of that money into a roth once we have enough for the first two years for each kid because I like the roth plans better, they're more flexible, and if the kids don't end up in college for whatever reason, penalty issues don't apply. I will be eligible to draw down my Roth when my eldest is a junior in college. [/quote] This is true -- Roth is a much better investment than 529.[/quote]
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