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College and University Discussion
Reply to "Paying for college costs"
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[quote=Anonymous][quote=Anonymous]We contributed up to the amount of the annual gift tax exclusion (for reference, it is $17k for 2023) per kid per year since birth and it looks like we'll have enough for wherever they want to attend. Oldest is in eighth grade and 529 plan is in excellent shape and may even have some left over for grad school, a sibling or the next generation. High joint income but never over $1m/year. [/quote] Let’s just say anyone with say $400k $1m joint hhi income isn’t rally in the same paying for college conversation as the rest of us 95% earning plebes. Most people can’t save $17k per kid per year btw. Duh. [/quote]
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