re: Little one on the way

Many ways to approach. Here is mine:

What is objective?

One of our primary objectives was to minimize, if not eliminate, college debt for child. Therefore, 529 for college is my primary focus. Primary school would be planned via annual budget, if possible.

If not possible, estimate the primary school cost tuition and when you may be able to afford in your annual budget.
Estimate monthly amount needed between now and then to get 1st year of primary school tuition covered (with intent to be able to cover in annual budget asap thereafter).

I would focus on college thereafter 100%.

Preference, get primary tuition covered in annual budget and use 529 for college only, if possible.

Hope this helps. Of course, others may have other views on how to approach. Welcome others'!

quote:

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Any thoughts on different ways to allocate between LA K12 and Start college plans? 50/50? Load up K12 to fund private school and hope for college scholarship?

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I'm still navigating this part. You can convert K12 to START but not other way.
My initial plan was load up K12 enough to pay for 4 years of private high school and convert the rest to START if cash flow is fine.

Website answers some common questions but I'm pretty sure K12 is not state tax deductible like START is - someone please correct me if wrong because I'm very curious about this.

I need that state tax deduction but I'm not interested in overfunding START/529 for college. The private school thing is locked in, college tuition who knows.