Anonymous
05/03/2022 00:12
Subject: Re:5 years after you superfund a 529
You don't pay taxes on the earnings if used for qualified education expense (tuition, room, board).
Anonymous
05/03/2022 00:07
Subject: 5 years after you superfund a 529
Thank you! And it has tax advantages beyond the deduction you can take on your income taxes, right? It has tax advantages at withdrawal or something? I saw someone else say to only fund a 529 up to the tax advantage but I don’t think that’s right. I think the big tax advantage comes later. But I’m obviously not clear on what that is!
Anonymous
05/02/2022 23:59
Subject: 5 years after you superfund a 529
Yes
Anonymous
05/02/2022 23:54
Subject: 5 years after you superfund a 529
Can you start contributing again? I’d like to contribute a small amount monthly. Can I just start contributing as long as it’s been at least 5 years since I put in the $75k?