Anonymous
Post 08/29/2018 21:51     Subject: Re:How much do you set aside per year for your chid's 529?

Anonymous wrote:$12k per kid, per year until recently when we cut it back for the oldest because we are on track to exceed our goal.


NP here. I'm curious what that goal is, do you mind sharing? We do 8k a year and have 88k for our 8 year old. Likely umping up to 12k this year.
Anonymous
Post 08/29/2018 21:16     Subject: How much do you set aside per year for your chid's 529?

Anonymous wrote:$5000. When I get my dependent care expense account reimbursement at the end of the year, I deposit that check into his account.

That's a good idea, I think I will try that this year
Anonymous
Post 08/29/2018 21:15     Subject: How much do you set aside per year for your chid's 529?

$5k/year/child. We have inheritance money, so we just move that amount over each year for the tax break in our resident state.
Anonymous
Post 08/29/2018 21:12     Subject: Re:How much do you set aside per year for your chid's 529?

$12k per kid, per year until recently when we cut it back for the oldest because we are on track to exceed our goal.
Anonymous
Post 08/29/2018 20:55     Subject: How much do you set aside per year for your chid's 529?

$5000. When I get my dependent care expense account reimbursement at the end of the year, I deposit that check into his account.
Anonymous
Post 08/29/2018 20:53     Subject: Re:How much do you set aside per year for your chid's 529?

$8k pernuear, the DC tax deduction.
Anonymous
Post 08/29/2018 20:45     Subject: How much do you set aside per year for your chid's 529?

Our kids are 10 and 11 and we only just started saving - $250 per kid per month. We are so screwed. We have a couple of thousand dollars of rental income per month that I am hoping will cover some ground. And maybe some inheritance.
Anonymous
Post 08/29/2018 20:38     Subject: How much do you set aside per year for your chid's 529?

$8,400 a year. But we just started (kids are 1 and 2nd grade) so we are catching up.
Anonymous
Post 08/29/2018 20:34     Subject: How much do you set aside per year for your chid's 529?

$50/month and more when I can. We got a late start and I’m still paying off my college. I have no target set for now.
Anonymous
Post 08/29/2018 20:29     Subject: Re:How much do you set aside per year for your chid's 529?

We did very little into the 529s until they were out of daycare. Now we do $400/month for each kid.
Anonymous
Post 08/29/2018 20:25     Subject: How much do you set aside per year for your chid's 529?

$500 per kid per month.
Anonymous
Post 08/29/2018 20:21     Subject: How much do you set aside per year for your chid's 529?

8,000 a year
Anonymous
Post 08/29/2018 19:45     Subject: How much do you set aside per year for your chid's 529?

We usually do $15k/year/kid. But we are high earners with no likelihood of financial aid and want to pay for all education costs for our kids. I would do what you can do. It is hard to imagine oversaving being much of an issue.
Anonymous
Post 08/29/2018 19:43     Subject: How much do you set aside per year for your chid's 529?

Either 2500 or 5000 per year per child. Child 1 is almost 6 and has about 30k, child 2 is almost 4 and has 25k. We hope to have 100k per child
Anonymous
Post 08/29/2018 18:53     Subject: How much do you set aside per year for your chid's 529?

My kids are young (an infant and a toddler). We are saving $100/month for each, not including accumulated interest and gifts from family. I spoke to one friend with similarly aged children whose financial planner suggested a high figure for 529 savings, around $800 per month per child. Just curious what others are saving, the ages of your children, and how much you plan to have saved by the time they're 18.