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re: 529 Plans - Are they worth the investment for Children?
Posted on 4/23/19 at 7:23 pm to YankeeDoodle
Posted on 4/23/19 at 7:23 pm to YankeeDoodle
I do know that most of the mutual funds offered for LA Start 529 are vanguard mutual funds and some of the expense ratios are as low as .04%. Start K12 would be the prior to college account and LA Start is for college.
2
Posted on 4/23/19 at 7:32 pm to tigersfan1989
How does a 529 affect the probability of getting a grant/financial aid? I’ve heard stories where a student received a lower grant/aid total than what they would have received if there wasn’t a 529.
Posted on 4/23/19 at 8:03 pm to tigersfan1989
Thanks. This seems like a solid plan considering the tax free gains and with the high cost of private schools, anything would help.
As far as your previous questions about savings plans, this is another thing I was wondering as well. Id probably be just putting a monthly amount ($100-200ish) into the K12 and LA Start. This is probably not near enough but I'm just hoping for this to supplement the yearly tuition costs.
As I get more to contribute,I will but retirement comes first for me right now.
As far as your previous questions about savings plans, this is another thing I was wondering as well. Id probably be just putting a monthly amount ($100-200ish) into the K12 and LA Start. This is probably not near enough but I'm just hoping for this to supplement the yearly tuition costs.
As I get more to contribute,I will but retirement comes first for me right now.
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