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Reply to "Parents of little kids: What are your college savings goals?"
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[quote=Anonymous][quote=Anonymous]We are saving only as much as benefits us tax wise. In Virginia that is 4k a year per kid. We have 4 kids so saving about 1,400 a month total.[/quote] I haven't read through all of the responses, so maybe this has been discussed. But isn't this a common misunderstanding? Isn't it $4k per account? And you can have multiple accounts per kid. So it's possible to deduct more than $4k per kid, right?[/quote]
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