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Reply to "Rich people - how much in 529?"
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[quote=Anonymous]We have ~$110k in 529 for our 2.5 year old. Although admittedly a fair amount has come as gifts from parents and grandparents. With compounding over the next 16 years, should be in a good position to cover private college. We were also thinking about option of using portion of 529 to pay for elementary or secondary school but think the trade off is not worth it. Better to let it accrue/compound over time rather than reduce the balance. [/quote]
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