Reply to How many here do not have a 529 savings account, on purpose?

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[quote=Anonymous]I'm with your husband, but it's also very personal. 
I don't pay taxes or rather, I pay them, but get them all back and then some as HH.
My own returns are 100%+ a year. I reached 100% in 6 months this year, so it's speeding up.
I did 20% just today in one account. I could never do this in 529. Every time I do this, I get better at it. All this money is tax free forever and can be used for many things.
I wouldn't have the patience for rules and slow growth of 529 or 401k,or the fees or customer service.
Our kid got 30 credits transferred from high school. I'd be stuck with one year's money in 529 now if I had continued to fund it.
He will get a tax refund that pays for his first semester. He will not be on my taxes. He needs to be independent in VA and get in-state in a year.
The refund wouldn't be possible if we touched the 529. We have a small 529, but it was a mistake. I'm glad it's there. That's how I know it's no good and we invested for growth.
He is working in a restaurant and we will open a Roth for him and max it out. Why would I want to transfer money from 529 to Roth if I can do  it today and next week with every paycheck he brings in. Time is money.
I'm going to show my kid how I get 100% inside of my Roths. He was impressed with 401k match, but not for long.[/quote]

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