I just graduated in this past spring, and have a cushy software engineering job in the Bay Area. I am lucky to have no student debt from a combination of the financial aid at school and my parent's generosity. My brother is currently a sophomore in high school, and I want to help pay for his college in two and half years.
What advice do you have for opening a 529? A few notable details about my/his situation:
- It is later than others to start saving for college.
- It is not unlikely that he attends an out-of-state or private school.
- I know I will be able to set aside at least $1,000 per month for him.
- My parents reside in a state where up to $10,000 is deductible if they put it in a 529 plan.
Submitted December 22, 2017 at 10:47PM by Oranging http://ift.tt/2D0iNTD
