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Reply to "Tips for saving for college? How much to do you put into your kids college savings acct?"
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[quote=Anonymous]We chose to have 1 kid and have been putting $5k/yr into his 529 account since birth. He's 3y/o and we have 26k or so saved so far. The 5k is the max state income tax deduction for MD. HHI is approx 180k We don't regularly vacation. Last trip we took was 5 years ago. We "stay-cation" instead so we can prioritize retirement and education saving. [/quote]
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