So I'm pretty good, maxing out 401k, IRA's, HSA, permanent life insurance and have a healthy after-tax $$ portfolio as well. I've got a 11 month old 1st child that I'd like to start putting some $$ into an account for.
So how much is too much for a 529 plan? I see that FAFSA will be reduced by 5.64% of the account value.
How much are yall saving for your children? I could potentially place a large lump sum in right now and let it sit there w/o further contributions.
edit
I live in TX, so no concern about tax deductions. I am looking at either Utah or NY 529's due to low OER and Vanguard sponsor.
Submitted December 19, 2017 at 01:30PM by ATXENG http://ift.tt/2Bgkss3
