Vivian | Your Rich BFF
Region: US
Monday 23 January 2023 15:55:14 GMT
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Ong | Lifestyle :
Plot twist, need to not live paycheck to paycheck in order to contribute lol
2023-02-01 02:59:09
456
Cornchex :
For everyone’s questions about whether or not you want kids - the 529 can also be used for your or your spouse’s education
2023-01-23 18:32:04
570
Pearl_Boba :
This is great! My daughter didn’t use her 529 bc she’s attending USAFA. So she signed over her 529 to her brother for him to use for his college.
2023-01-23 16:54:28
177
twinmom :
This tax law change is amazing! Thank you for highlighting it. 👏👏👏
2023-01-23 16:04:15
292
claire :
Omg thank you for saying “adopted or born,” I’ve literally never heard anyone include adoption like this!!❤️
2023-01-31 15:45:40
141
🐾 :
What happens if I make the account and then realize I don’t want kids anymore
2023-01-23 16:05:50
97
Wick :
That’s not a lot of money
2023-01-23 16:26:54
17
VAĐER :
Pass. Savings account better. No worries on tax woes
2023-01-23 17:19:55
1
Shady Street Studios :
How exactly does one set up a 529? My local credit union hasn’t been much help 🤷🏽♀️
2023-01-23 17:58:35
2
cesquibel10 :
What happens if they decide not to go to college?
2023-01-23 21:06:12
2
Julia :
Any advice on where to allot investments? I get so overwhelmed with all of the options on my 529.
2023-01-23 22:05:47
1
Jackie M :
If my kid is almost 2 would it be beneficial to open a high yield savings instead?
2023-01-23 17:51:43
30
brokenbaker :
So can I just add $5 a month for it and still have the same result? Cause that’s all I can afford after their needs
2023-01-23 18:15:21
4
Lamz :
How much should we contribute each month?
2023-01-23 23:36:35
9
Shelby :
Is there another option that’s not focused for education?? Like they could use for a vehicle or down payment on a house??
2023-02-02 02:35:13
6
❤️ :
Just opened a Roth IRA instead 529
2023-01-23 16:36:13
3
Gem :
What is we’ve already named them as a beneficiary? Should I switch it over to me until they need it?
2023-01-24 07:01:02
27
Catherine :
How can I get started with creating a Roth IRA to save money for my son?
2023-01-23 21:33:07
13
Chelsea Cole :
Are there any penalties when rolling it into a Roth IRA?
2023-01-23 18:44:31
3
elle.em.p :
What if you set it up & the kid does not go to college? $35k into Roth? What happens to the rest?
2023-02-16 17:56:36
1
Mike :
Why not just brokerage account w/ VTI? California doesn’t give any credits or deductions
2023-01-23 18:21:48
1
Leanne Marie Marano :
What if your kid decides to not go to college? Can they still withdraw that money? Is there a penalty?
2023-01-23 23:52:30
2
Cody :
My problem is, what if they don’t want to go to college at all after high school.
2023-01-23 22:35:32
2
user9599294921600 :
Isn’t the problem with 529s that they can only be used for US based schools?
2023-01-23 21:16:51
2
quadank :
What happens to the rest of the money over $35k if they don’t use it?
2023-03-04 13:57:01
4
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