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re: How much is enough in the 529 accounts?

Posted on 10/6/20 at 7:18 pm to
Posted by skidry
Member since Jul 2009
3280 posts
Posted on 10/6/20 at 7:18 pm to
It’s costing me about $17K/year right now at LSU

Tuition
Books
Rent
Food.
Posted by MrJimBeam
Member since Apr 2009
12378 posts
Posted on 12/19/20 at 5:01 am to
quote:

t’s costing me about $17K/year right now at LSU

Tuition
Books
Rent
Food


Just starting into 529 and I find it fantastic that you can use the money towards housing tax free. I need to talk to my advisor in more detail but if I can transfer the money to buy a house or condo in the kids name tax free and rent it out then that’ll be a huge benefit. Probably do a couple hundred a month. Do most of you do this along with a mutual fund or just use this solely as sort of the sole fund for your kids? I know a combination could be beneficial for various reasons.
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