Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "“Fully Funded College”"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]All of you who have hundreds of thousands of dollars saved for each of 3 kids, what is you HHI?! How much are you putting in 529s each month? I am truly amazed. [/quote] The annual exclusion for gift tax is was $14,000 last year, and will be $15,000 next year, per person, for a total of $28,000 or $30,000 per couple. Many people put in the maximum (or as close to it as they can) for their kids when they are young. If you start early, you can have 18 years of appreciation on your side, so that helps -- it's not unreasonable to expect an investment to double over 18 years. So put in $30,000 per year for 3 years, and with luck, you could be done. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics