re: 529 Plans - Are they worth the investment for Children?

No, I do about $600 total a month and then I give each of them about $1,000 in their 529 at Christmas.

$600 X 12 = $7,200 + ~$3k Xmas = $10k.

The deduction limit in AL is $10k total, not per kid.

The $600 is not evenly split because I didn't have enough to max out when we first had kids so my youngest has a head start on my oldest and I have to catch up the oldest. A good illustration on compounding interest and why you should start saving as early as possible.

$830 per kid per month would give you about $180k basis (no returns factored in). I couldn't afford that much nor would I want to spend that much on their college.