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College and University Discussion
Reply to "How much in their 529?"
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[quote=Anonymous]I have a 2nd grader and we only have a little over 4k in the 529. We debated starting one at all because we have other funding sources (grandparents on both sides have committed generous amounts plus with only one kid and a paid off house, we can cash flow quite a bit). But we finally decided to take advantage of the tax advantages and will fund up to tax deduction amount for the next 5 years and then quit. Like a PP, we figure 35k can be rolled into a Roth so funding up to that amount at least makes a lot of sense. Beyond that it's just kind of gravy for us. I get why pe[/quote]
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