Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Sports General Discussion
Reply to "Toughest sport to get college athletic scholarship"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]My kids college athletic scholarship is my 529 plan. Already have 600k in the plan for two kids, LOL[/quote] We had around that for each child thanks to the crazy market of the last few years, and one of our older kids has ended up with an athletic scholarship that covers 70% of the costs. I learned over on the financial forum that you can draw an amount equal to the scholarship from the kid’s 529 penalty free, paying taxes only on the gains (at either the parents rate or the kid’s depending who will be receiving the money). Something useful to keep in mind for anyone who ends up in this situation and doesn’t need the 529 $ for subsequent kids. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
