- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How much are you saving for your kids education??
Posted on 6/15/15 at 7:48 pm to CypressTiger665
Posted on 6/15/15 at 7:48 pm to CypressTiger665
quote:
I didn't do the 529 because I am under the impression it would have to be used on education expenses. However, in a savings account I can have a nice windfall of they choose not to go or get scholarships!
Ok but the benefit of 529s is that they are not taxed if used for qualified college expenses. If your child gets a scholarship then you can use that money for books or room and board, transfer it to another child, save it to pay for their grad school or withdraw it and spend it on yourself.
Popular
Back to top
Follow TigerDroppings for LSU Football News