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College and University Discussion
Reply to "How much in their 529?"
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[quote=Anonymous]HS Sophomore: 461k 8th Grader: 325k Our goal has always been to pay for 4 years of college. Any excess will be used towards our children’s graduate school education and/or funding their ROTH IRAS to the $35k limit. Once that’s complete, we’ll contribute up to the DC tax deduction limit ($4,000 per beneficiary), and use that for our future grandchildren. We’ll make it clear that the grandchildren’s 529 accounts are supplemental, and not an intended to be the primary 529 accounts (that’s their parents’ responsibility). [/quote]
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