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Jul 23, 2015
6:15
:15
pm
JOPE
I do $75 a month for each kid (I have 3)
from birth, I plan to double it to $150 a child when each turns 8. However much they have is how much they have. I will help out with whatever else I can depending on my income level when they are in college.
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JOPE
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JOPE
Joined
Oct 4, 2001
Last login
Nov 15, 2024
Total posts
48,514 (9,553 FO)
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Messages
Author
Time
For those of you with a 529, how did you figure out how much to contribute?
BYUCoug11
7/23/15 4:57pm
I figure it's unlikely we'll have enough for our kids to pay for all of college
KingDave
7/23/15 5:06pm
If you do, it is separate for each kid
zuxvon
7/23/15 5:06pm
You can change the beneficiary, you don't have to have 1 per kid
g$
7/23/15 5:48pm
True, but it limits the tax deductibility
zuxvon
7/27/15 2:56pm
Maybe I'm weird, but I plan on only saving enough for their first year,
db59840
7/23/15 5:09pm
We have one per child. I believe funds are transferable between siblings
Tricky
7/23/15 5:10pm
It was very easy...
Wingnut
7/23/15 5:10pm
I do $75 a month for each kid (I have 3)
JOPE
7/23/15 6:15pm
Here is what I did
g$
7/23/15 5:59pm
I targeted 10k per kid or at least 4 semesters at a church school.
Busiturtle
7/23/15 6:33pm
don't over think it
I'mBatman
7/23/15 7:01pm
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