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Started By
Message
re: Louisiana tuition savings program shuts down unexpectedly
Posted on 10/7/25 at 9:15 pm to real turf fan
Posted on 10/7/25 at 9:15 pm to real turf fan
Insured for how much?
Posted on 10/7/25 at 9:27 pm to Jake88
quote:
Insured for how much?
I assume that accounts/investments have to be insured through SIPC, which is up to $500,000.
Posted on 10/7/25 at 11:46 pm to member12
quote:
It’s taking my automatic deposits but I can’t get online to stop it.
This month’s payment didn’t get withdrawn on my end.
Posted on 10/8/25 at 6:02 am to touchdownjeebus
quote:
This month’s payment didn’t get withdrawn on my end.
Mine did not go through on the 1st either.
I’m going to look into transferring the balance once this is resolved.
Posted on 10/8/25 at 7:00 am to Jake88
quote:
State lawmakers are set to meet Tuesday in New Orleans to determine what caused the outage and how to get the program running again.
quote:
This instills confidence.
Are any of these lawmakers also IT cybersecurity experts?
Posted on 10/8/25 at 7:26 am to TulsaSooner78
Easiest thing the State can do after this is extend the tax savings to all qualified 529 plans. Though you'll probably have to stay with LA to get the 2% match.
Or find a 3rd party custodian like Fidelity or Schwab to run it.
Or find a 3rd party custodian like Fidelity or Schwab to run it.
This post was edited on 10/8/25 at 7:33 am
Posted on 10/8/25 at 8:11 am to Scooba
Mine is auto-drafted out of my bi-weekly checks. I’m guessing the system went down after payroll was processed because mine was still taken out.
I’ll have to look next week to see if it’s autodrafted. I have no idea how much is in our account.
I’ll have to look next week to see if it’s autodrafted. I have no idea how much is in our account.
Posted on 10/8/25 at 9:30 am to Ghost of Colby
This is why you never do something that the government incentivizes you to do.
These ransomware dudes will get their 25 million and everybody’s personal information is now compromised and in the hands of the really bad guys.
These ransomware dudes will get their 25 million and everybody’s personal information is now compromised and in the hands of the really bad guys.
Posted on 10/8/25 at 10:20 am to Lou Loomis
Everybody already has our information, so many data breaches at this point I can’t keep track to care. I hope the Czech version of me is doing very well for himself. It would be nice to have some answers where our money for our kids is though
Posted on 10/8/25 at 11:02 am to Bout_dat
Definitely got hacked. I have a stop transfer/payment order in with my bank through the end of the year.
Posted on 10/8/25 at 11:15 am to DaBeerz
Right. PowerSchool was hacked last year so most kids information has already been compromised
Posted on 10/8/25 at 12:05 pm to TheWiz
quote:
Definitely got hacked. I have a stop transfer/payment order in with my bank through the end of the year.
That $400 a month isn't much compared to the almost 6 figures we have in there already. Our youngest is a Junior in college now, we're gonna have to figure out what to do with it soon.
Posted on 10/8/25 at 12:06 pm to achenator
Give him the money in a Roth for several years.
Posted on 10/8/25 at 12:22 pm to Jake88
quote:
Give him the money in a Roth for several years.
Yeah that's part of the plan. I think it's like $35k max? His MBA is covered as part of his scholarship but we need to figure out if there is any other grad school involved that we will have to pay for. I believe if we take some cash out to help him with a condo or whatever, some of the penalty/tax will be offset by his full ride scholarship amounts?
Posted on 10/8/25 at 3:59 pm to Jake88
quote:
State lawmakers are set to meet Tuesday in New Orleans to determine what caused the outage and how to get the program running again.
So they met yesterday? And no update? Just a big FU to the commoners.
Posted on 10/8/25 at 4:06 pm to OysterPoBoy
Somebody called Nakamoto, he has a story on it. Showed up to the offices and the security guard said no one has been there since last week.
Posted on 10/8/25 at 4:24 pm to whoa
quote:
Somebody called Nakamoto, he has a story on it. Showed up to the offices and the security guard said no one has been there since last week.
WTF is going on?
And why is LSP involved?
Posted on 10/8/25 at 4:47 pm to dewster
Crazy that nobody has been in the office. All still getting paid I’m sure.
Get em Nak.
Get em Nak.
Posted on 10/8/25 at 5:12 pm to MardiGrasMike
Was able to finally get in, but I can't make the changes that I've been wanting to do for a few weeks.
I mean I could for one kid but not the other. Throws an error but no message or description.
I mean I could for one kid but not the other. Throws an error but no message or description.
Posted on 10/8/25 at 6:44 pm to member12
Not so fine print from the website.
quote:
PLEASE NOTE: Account information reflects the status as of September 26, 2025. Accounts may not reflect transactions including direct deposits, disbursements, or trades after that date. Any transactions scheduled will not be processed until all previous transactions have been verified and approved.
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