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College and University Discussion
Reply to "How many here do not have a 529 savings account, on purpose?"
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[quote=Anonymous] Thank you- this is exactly our current plan. I don't use a 529. I just pay the tuition from my income, or, if I need to, I will use my IRA (I have a SEP IRA, so contribution limits were pretty high) There's no withdrawal penalty if used for educational purposes (of course, you pay income tax) and I can choose whatever stocks I want to invest in, so it's worked out well. [/quote][/quote]
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