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re: Which 529 fund did you choose?
Posted on 1/1/15 at 4:07 pm to NBR_Exile
Posted on 1/1/15 at 4:07 pm to NBR_Exile
If you live in LA pick the Start program here. The state will match a minimum of 2% each year UPTO 14% depending on your income the year before. So you will always know what your contributions match will be the following year you can choose to put in more if there are years you are going to be getting a 14% match. Also, you get a reduction of state income taxes in LA for your contribution.
Almost forgot. You can transfer money from other states 529 into the LA Start 529 program and get the match for the total based on your income for the previous year. So even though you have a plan in Utah or wherever and just realized you missed out on LA match, you can transfer it all in now and still get the match.
Almost forgot. You can transfer money from other states 529 into the LA Start 529 program and get the match for the total based on your income for the previous year. So even though you have a plan in Utah or wherever and just realized you missed out on LA match, you can transfer it all in now and still get the match.
This post was edited on 1/1/15 at 4:10 pm
1
Posted on 1/2/15 at 9:17 am to jondavid11
question on the Louisiana 529. What if we move or my kids decide to go to an out of state school? What do I loose, the state's contribution?
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