re: I want to start saving money for my children

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The START plan is different. Because you get the tax deduction, you can put your money in that the year of and have advantages to do so. For example, my kid is at SELU and I put in the $4,800 this year. As soon as the check cleared I turned around and made a distribution to cover tuition. I'll receive a $4,800 deduction and a 2% match on those funds so I made maybe $300 net/net to take the extra step in about one week turn around time (roughly 6%).

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