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re: START (state college savings program)
Posted on 10/28/14 at 6:10 am to breadtiger
Posted on 10/28/14 at 6:10 am to breadtiger
I'm saving about 200k per kid, no way that's all getting tied up in start
1
Posted on 10/28/14 at 8:22 am to yellowfin
Yeah, at that amount it is idiotic to place it all in a 529.
I plan to save a significant amount for my kids as well and a 529 plan will simply be a piece of that.
Everyone should look at and read over the la start plan as the state matching contribution is quite good.
I have friends that used it to help get them through graduate school. It's really a very unique and awesome program.
I plan to save a significant amount for my kids as well and a 529 plan will simply be a piece of that.
Everyone should look at and read over the la start plan as the state matching contribution is quite good.
I have friends that used it to help get them through graduate school. It's really a very unique and awesome program.
Posted on 10/28/14 at 10:42 am to eng08
My wife stopped working to go to nursing school last year. We run as much of her tuition through START as we can to get the state match.
For her tuition due last January, we deposited $4,800 in December, and another $4,800 in January. On just my salary we get the 9% state match. Her tuition for a year is about $3500 with books, so we have already taken care of her year, and the $864 in state match is free money that we can transfer to the kids START accounts.
For her tuition due last January, we deposited $4,800 in December, and another $4,800 in January. On just my salary we get the 9% state match. Her tuition for a year is about $3500 with books, so we have already taken care of her year, and the $864 in state match is free money that we can transfer to the kids START accounts.
Posted on 10/28/14 at 10:57 am to stegs_81
Don't forget living expenses, if I were you I would be running that through the start as well.
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