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re: How much to fund kids 529?
Posted on 12/26/13 at 9:42 am to guttata
Posted on 12/26/13 at 9:42 am to guttata
Son had the highest level of TOPS and a $1200 per sememster scholly (8 semesters) as well as some other scholarships that he used to pay living expenses. He's starting his last semester (#8) at LSU ... I seriously think we've paid less than $10K for fees not covered by TOPS, books, and helping with living/meals.
Some semesters it was so little (like a few hundred) that we didn't even take it out of the 529 as we have 2 kids behind him who may not get as many scholarships as #1.
Don't put too much in ... as if it's not all used it will be taxed.
Some semesters it was so little (like a few hundred) that we didn't even take it out of the 529 as we have 2 kids behind him who may not get as many scholarships as #1.
Don't put too much in ... as if it's not all used it will be taxed.
1
Posted on 12/26/13 at 9:47 am to tiger91
Im actually debating if maybe I should stop now and just start putting the money that I was putting into the 529 into a regular mutual fund that I could tap if I needed more money when the time comes.
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