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re: 529 and START for LA residents
Posted on 9/8/23 at 10:10 pm to glorymanutdtiger
Posted on 9/8/23 at 10:10 pm to glorymanutdtiger
quote:
For Louisiana residents, are you guys using START or outside state 529?
I see that you can deduct upto 4800 from state taxes. For 6% tax bracket, I don't see that as much.
its better than nothing, which is what you're going to get from another state if you are a Louisiana resident
quote:
If you went with outside state 529 plans, why did you do it? I noticed that LA Start is not on par with Ohio 529 as far as performance.
it depends on what you invest in. almost all of the funds in LA Start are vanguard. they offer a total stock market and large cap index fund. kind of hard to beat the performance on those imo.
2
Posted on 9/8/23 at 10:12 pm to whiskey over ice
The START program might be the best this going for this shitty state.
Posted on 9/8/23 at 10:13 pm to whiskey over ice
This helps. I agree 6% is better than nothing. If they are Vanguard funds, I don’t see going out of state. Thank you all
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