I targeted 10k per kid or at least 4 semesters at a church school.

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Jul 23, 2015
6:33:44pm

Busiturtle

My oldest has done well enough with scholarships she will have money left for grad school. My next kid will likely be using his 529 up before graduation. But he'll be making plenty by working.

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Busiturtle

Previous username: danwut
Bio page: Busiturtle
Joined: Nov 29, 2001
Last login: Jan 4, 2023
Total posts: 56,347 (2,185 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

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

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

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