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Thread: 529s for college?
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08-19-2008, 09:08 AM #1Registered User
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529s for college?
Does anyone have this for their kids college?
I recently got a savings bond worth $1200 and thought I would split it between my kids and start their college fund.
Tami
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08-19-2008, 09:26 AM #2Registered User
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We have one. We can deduct up to a certain amount from taxes.
Mom to Emma, Spencer, Connor, Lily,Fletcher, Amelia and Adeline.
Mortgage $78,500/$15,200
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anymore emergencies
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08-19-2008, 10:56 AM #3Technical Support Sleuth
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Dh's great aunt started one for Wesley with 10K in it.
We also have a money market account for him with about 4K in it.McD
-wife to Z
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Blog: http://familystylemayhem.wordpress.com/
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08-19-2008, 12:59 PM #4Registered User
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We have one for our son. We have the money taken out of our checking account each month.
Loving wife to DH (8/31/03) and Mommy to Owen Alexander (9/20/06)
Baby #2 due 5/30/2012
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08-19-2008, 06:57 PM #5Registered User
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I think once my husband gets a couple days off we'll go down to the bank and get this done. Can grandparents make deposits too, or just parents?
Tami
2012 Challenges
Mill my own flour
Bake my own bread
Plant my own wheatgrass
Make my own almond milk
Make my own yogurt
Plant one fruit tree
Plant two veggies
Stick to budget and get more organized
Work on stashbusting my craft room
Finish UFOs 1/14
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08-19-2008, 11:24 PM #6Registered User
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I do and think it's great. I do automatic deductions monthly for my kids.
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