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Message
re: Best Plan for Kid's College Funds
Posted on 10/4/13 at 6:25 pm to Sigma
Posted on 10/4/13 at 6:25 pm to Sigma
quote:
Vanguard-administered Alabama College Counts 529 Program
Can a non resident contribute to this? Pretty well got #1 taking care of with our Roth IRA's for my son to go to Alabama based on Out of State tuition and cost of living. I have figured about $20K a semester. #2 will be going 8 years later. Got some time there but gonna be rough catching hers with rising tuition in that time frame plus saving for our retirement.
1
Posted on 10/4/13 at 7:00 pm to MWP
quote:
Can a non resident contribute to this?
You can contribute to any state's 529 plan, you just get a state tax break if you use your home state's plan. Go to Vanguard's site and see the states where they administer the plans. I would pick one of those, even if your state is not on the list.
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