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Reply to "How much should you contribute per month to 529 plan?"
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[quote=Anonymous]We put $4k per year in one 529 for our one child. I guess that technically works out to $333 a month if you want to be precise. It's what we can swing now and we will attempt to do the same for #2 when it arrives this summer. Child is 4 and there's roughly $20k in there right now. One grandparent has a 529 for our child as well with roughly $16k and another has a custodial brokerage account with about $10k. So given all that I think we are doing ok. Right now we need to have more of the focus on maxing our 2 retirement vehicles, paying for daycare, and slowly rebuilding our e-fund. [/quote]
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